SINGAPORE — 8 June 2026 — Silicon Box, a pioneer in advanced semiconductor panel-level packaging and chiplet integration, today announced that it has secured SGD 100 million in debt financing from leading institutional investors – funds managed by Ares Management Corporation (“Ares”), InnoVen Capital, January Capital Growth Credit (“January Capital”), and Abound Capital. The facility includes an option to upsize by an additional USD 75 million.
As traditional monolithic scaling approaches physical and economic limits, Silicon Box’s proprietary SiPlet® technology and panel-level packaging solutions are addressing critical bottlenecks in next-generation semiconductor design. Since its first high-volume manufacturing announcement last year, Silicon Box, as of Q1 2026, has achieved significant commercial traction, including the shipment of over 250 million units at near-perfect yield from its flagship Singapore manufacturing facility.
“We are pleased to support Silicon Box in this next phase of growth,” said Dinesh Goel, Partner at Ares. “The company has demonstrated strong execution capabilities and operates at the leading edge of advanced packaging – a strategically important segment of the semiconductor value chain. We believe that Silicon Box is well-positioned to scale globally, and this financing reflects our confidence in the management team and the long-term growth outlook for advanced packaging.”
“In capital-intensive industries like semiconductor manufacturing, access to flexible and scalable funding is critical to capturing growth opportunities. The proceeds will be deployed for capacity expansion to meet the rapidly growing market demand,” said Dr. BJ Han, co-founder and CEO of Silicon Box. "This financing enhances our capital base while minimising shareholder dilution, and we are pleased to partner with Ares, InnoVen, Abound, and January Capital. Their support reinforces confidence in our strategy and enables us to execute on our global expansion plans."
The financing follows closely on the company’s recently completed USD 150 million Series B2 equity round, further strengthens Silicon Box’s capital structure to support its next phase of growth, and accelerates the global deployment of its advanced packaging solutions. With a strengthened balance sheet following the combined debt and equity financing, Silicon Box is well-positioned to expand manufacturing capacity, support increasing customer demand, and further its leadership in advanced packaging for sectors such as artificial intelligence (AI), high-performance computing (HPC), mobile, Internet of Things (IoT), robotics, and space tech.
About Silicon Box
Silicon Box is an advanced semiconductor packaging company, specializing in cutting-edge integration technology and manufacturing processes. We offer solutions that enable chiplet architecture, as well as high-performance, affordable alternatives to traditional packaging schemes. Leveraging our proprietary technology, 30 years of multi-sectoral expertise, and relationships with best-in-class partners, we strive to solve the unique challenges of chiplet adoption to build the emergent technologies shaping the world around us today. Silicon Box was founded in 2021 by Dr. Byung Joon (BJ) Han, Dr. Sehat Sutardja, and Weili Dai. To learn more about Silicon Box go to: silicon-box.com/newsroom and silicon-box.com/timeline.
About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.
About InnoVen Capital
InnoVen Capital is Asia’s leading debt provider supporting high growth technology companies across Southeast Asia, China, and India. Established as a joint venture between Seviora (a wholly owned subsidiary of Temasek Holdings) and UOB, we actively support talented founders in Asia in growing their businesses. For more information, please visit https://innovencapital.com/.
About January Capital
January Capital is a multi-strategy investment firm headquartered in Singapore, investing in technology businesses that will power growth across the Asia-Pacific region over the next decade and beyond. The firm serves as a capital solutions provider through its two core strategies: early-stage venture equity and growth-stage credit. Learn more at www.january.capital.
About Abound Capital
Abound Capital is a private credit and venture debt firm established in Singapore with a mission to expand access to alternative capital for entrepreneurs in Southeast Asia. We provide non-dilutive and flexible source of growth funding to early and growth stage companies across the region. For more information, please visit www.aboundcap.com.
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For further inquiries, contact us:
For press: janice.yeo@silicon-box.com
For investors: hz.wong@silicon-box.com
