About MEMS Drive
MEMS Drive is a company based in Shenzhen (China) founded in 2015. MEMS Drive has raised $11 million across 2 funding rounds from investors including Walden International. MEMS Drive operates in a competitive market with competitors including Axsun Technologies, sensiBel, poLight, Unispectral and OMM, among others.
- Headquarter Shenzhen, China
- SectorsTechnology
- Website memsdrive.com
- Social LinkedIn Facebook YouTube
- Total Equity Funding$11M (USD)
in 2 rounds
- Investors
Apps and channels of MEMS Drive
its YouTube channel MEMS Drive Inc. has 109 subscribers and 23 videos.
Videos from MEMS Drive
The most watched videos on MEMS Drive's YouTube channel, MEMS Drive Inc. (109 subscribers). Click a video to play it here.
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Funding Insights of MEMS Drive
MEMS Drive has successfully raised a total of $11M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11M
- Total Rounds 2
- First Round $11M
(Oct 2016)
- Investors Count 1
All 2 funding rounds of MEMS Drive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | – | Series B | – | – | – |
| Oct 2016 | $11M | Series B | – | – |
1 investors in total: 1 institutional.
Investors in MEMS Drive
MEMS Drive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Walden International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing globally in early & expansion stage companies | – | waldenintl.com | San Francisco, United States |
Investor details for MEMS Drive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of MEMS Drive
13 people are tracked at MEMS Drive (5 in leadership, 5 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Colin Kwan | CEO | Leadership |
Guiqin Wang | VP, Engineering | Leadership |
Mahmood Samiee | Senior Director of Operations | Leadership |
Piti Piemlarp | VP of Operations | Leadership |
Vincent Chen | Director | Leadership |
Jim Chapman | Advisor | Board & advisors |
Robert Yung | Director | Board & advisors |
Roman Gutierrez | Director | Board & advisors |
Hing Wong | Director | Board & advisors |
Tony K. Tang | Advisor | Board & advisors |
佳宏 孫 | Package engineer team leader | Team |
Reigh Liu | Principal MEMS Engineer | Team |
Vicente Murillo | Assembly Engineer | Team |
Complete people profiles for MEMS Drive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of MEMS Drive
3 dated milestones of MEMS Drive across 9 years, from founding to its latest funding, stage changes and deals.
- Founded MEMS Drive is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B,.
Competitors of MEMS Drive
MEMS Drive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axsun Technologies, sensiBel, poLight, Unispectral and OMM, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axsun.com | 1998 | Billerica, United States | $111M | – | MEMS-based optical engines and spectrometers are developed and manufactured. | |
| sensibel.com | 2016 | Oslo, Norway | $23.59M | 11 | Noise cancellation-enabled MEMS microphones are manufactured by sensiBel in Norway. | |
| polight.com | 2005 | Horten, Norway | $58.24M | 22 | Focus actuators for optical lenses are developed using piezo materials. | |
| unispectral.com | 2014 | Ramat Gan, Israel | $13.7M | – | Hyper spectral digital imaging sensors | |
| omminc.com | 1997 | San Diego, United States | $115M | – | Provider of domain name services | |
| oqmented.com | 2018 | Itzehoe, Germany | $29.27M | 18 | MEMS and time-of-flight technology-based 3D laser scanning solutions are provided. | |
| miradia.com | 2003 | Sunnyvale, United States | $15M | – | MEMS micro mirror arrays are designed for projection display markets. | |
| preciseley.com | 2005 | Edmonton, Canada | – | 12 | Provider of MEMS-based optical chips | |
| activeoptical.net | 2000 | Fremont, United States | $4.11M | – | Manufactures MEMS components and provides fiber-optic subsystems. |
Detailed competitors of MEMS Drive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Latest news on Mems Drive
Complete news archive for MEMS Drive
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to MEMS Drive
10 companies that operate in the same segment as MEMS Drive (Embedded & Flexible Electronics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
RF MEMS-based oscillators and resonators are supplied for diverse applications. | 2004 | Sunnyvale, California, United States | USD 51.97 M | USD 326.66 M | 395 | |
Single board computers are supplied for educational computing and programming. | 2008 | Cambridge, Cambridgeshire, United Kingdom | USD 45 M | – | – | |
Flexible displays are researched, developed, and manufactured by Royole. | 2012 | Fremont, California, United States | USD 849.93 M | – | – | |
Programmable logic devices and embedded solutions are provided. | 1984 | San Jose, California, United States | – | USD 154.19 M | 1,516 | |
AI-enabled image processors are manufactured for ADAS and security applications. | 2004 | Santa Clara, California, United States | USD 15.4 M | USD 390.7 M | 941 | |
Electronic paper displays for eBooks and devices are manufactured. | 1997 | Boston, Massachusetts, United States | USD 52.8 M | – | 2,900 | |
Developer of AI-based chips for machine vision tasks | 2016 | Pudong, Shanghai, China | USD 346 M | – | – | |
System-on-chips for connected applications and secure IoT devices are developed. | 2021 | Chennai, Tamil Nadu, India | USD 10.58 M | USD 78.73 K | 36 | |
Provider of an open-source electronics prototyping platform | 2005 | Malmo, Sweden | USD 54 M | – | – |
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Frequently Asked Questions about MEMS Drive
MEMS Drive was founded in 2015 and raised its 1st funding round 1 year after it was founded.
MEMS Drive is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Colin Kwan is the current CEO of MEMS Drive.
MEMS Drive is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Oct 2016.
MEMS Drive was founded in 2015 in Shenzhen, China, as a fabless developer of micro-electro-mechanical systems (MEMS) for drive motors. These components are primarily integrated into cameras of portable electronic devices, with a focus on cellphone manufacturers. Funding of 11 million has been secured from Walden International to support semiconductor development and production activities in the MEMS sector.
MEMS Drive's top competitors include poLight, Axsun Technologies and sensiBel.
MEMS Drive has 1 investor. Key investors include Walden International.