Colorado ONE Fund, the venture arm of ONE Funds that focuses on nurturing innovation within the region, has recently made a significant strategic investment in Okika Devices. Okika is recognized as a leading developer of Field Programmable Analog Array (FPAA) integrated circuits.
This investment comes during a notable period for the company, as it has just relocated its headquarters to Catalyst Campus in downtown Colorado Springs. This area is rapidly becoming a vibrant hub for collaboration, particularly in sectors like aerospace, defense, and advanced technology.
The team behind Okika Devices comprises seasoned veterans from the semiconductor industry, bringing a wealth of experience and expertise to the table. Their innovative work centers on developing reconfigurable analog chips and hardware development platforms tailored for real-time signal processing.
What sets Okika apart is its FPAA technology, which uniquely positions itself as a bridge between digital and analog computing. This capability is crucial, as it enables the creation of low-latency and low-power solutions, making their technology highly valuable for a wide range of applications, including those in defense, industrial settings, and various sensing technologies.
By investing in Okika, Colorado ONE Fund is not just backing a company with promising technology; they are also supporting an ecosystem that fosters innovation and drives the state’s economy forward. This partnership reflects a shared vision of advancing technologies that can lead to groundbreaking developments in numerous fields. With the strategic move to Colorado Springs and the support from the Colorado ONE Fund, Okika Devices is poised for growth and success in the competitive landscape of technology development.
KEY QUOTES:
“We are committed to accelerating innovation that strengthens our national security and technological edge. Our investment in Okika Devices represents that mission in action. Okika’s breakthrough work in analog integrated circuits is exactly the kind of critical capability we need to support, and we are proud to help power their growth here in Colorado Springs.”
Kevin O’Neil, CEO of ONE Funds
“We’re thrilled to partner with ONE Funds at this pivotal stage. With our new headquarters at Catalyst Campus, we’re building a world-class team in Colorado Springs to advance FPAA technology. Just as FPGAs reshaped digital design, FPAAs are set to redefine analog, delivering faster development, lower costs, and greater energy efficiency. The future of intelligent electronics is analog, and it starts here.”
William Staunton, CEO of Okika Devices
