IQE Plc Raises £81 M ($103M) in Strategic Financing From MACOM Technology Solutions

Deal Summary

UK semiconductor company IQE plc completed a financing on 28 May 2026, raising £81 m (≈$103 M) in gross proceeds. The round included a £45 m strategic investment from MACOM Technology Solutions Inc (equity and convertible loan notes), a £23 m redemption and reinvestment of convertible notes, and a £13 m placing of new ordinary shares. Proceeds will be used to repay HSBC revolving credit facility and support working‑capital and strategic investments.