Mosaic Microsystems LLC announced that it has received $2 million in funding from Corning Incorporated, BlueSky Capital
January 25, 2020
Share
Mosaic Microsystems LLC announced that it has received $2 million in a round of funding led by new investor BlueSky Capital on January 25, 2020. The transaction also included participation from new investor Corning Incorporated (NYSE:GLW). Madison Hamman led the funding on behalf of BlueSky Capital.
Corning Incorporated is the world leader of the production and the marketing of substrata of glass and ceramic of specialty. Net sales break down by market as follows:
- telecommunications (29.6%): products of fiber optical, cables, etc. for networks of communication;
- electronic large public (26%): glass substrata intended for screens of televisions sets LCD, PC and laptops;
- environment (13%): substrata of ceramic and filters intended for systems fight against vehicles emissions;
- life science (7.1%): in particular optical biosensors for pharmaceutical research;
- other (24.3%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology.
Net sales are distributed geographically as follows: the United States (32.7%), North America (3%), Asia/Pacific (51.5%), Europe (11.3%) and other (1.5%).
CORNING INCORPORATED 
