 At the time of the Tundra spun out the company raised $10 Million (CDN)  in third-party investment from Venture Capital Funds and Mutual funds, Terry Matthews also made a personal investment and Newbridge retained a 38% ownership in the new entity meaning Tundra Semiconductor became a member of the Newbridge affiliate program.A benefit of the spin out from direct Newbridge Networks ownership was that Tundra was now free to sell to Newbridge competitors  

In 1997, Canadian Industry Minister John Manley announced that Tundra Semiconductor would receive a $400,000 loan for R&D use.Chowaniec stated to a Rideau Club luncheon that Tundra had $11 million in revenue in 1996 and expected to generate $20 million or $21 million in revenue achieve profitability in 1997 and hoped to increase sales revenues by another 50 per cent in 1998.