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
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(18 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series B - MEMS Drive | Valuation |
investors |
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| Oct, 2016 | Amount | Series B - MEMS Drive | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MEMS Drive
MEMS Drive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Walden International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing globally in early & expansion stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MEMS Drive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MEMS Drive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mems Drive Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MEMS-based optical engines and spectrometers are developed and manufactured.
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| domain | founded_year | HQ Location |
Noise cancellation-enabled MEMS microphones are manufactured by sensiBel in Norway.
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| domain | founded_year | HQ Location |
Focus actuators for optical lenses are developed using piezo materials.
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| domain | founded_year | HQ Location |
Hyper spectral digital imaging sensors
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| domain | founded_year | HQ Location |
Provider of domain name services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mems Drive
Frequently Asked Questions about MEMS Drive
When was MEMS Drive founded?
MEMS Drive was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is MEMS Drive located?
MEMS Drive is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of MEMS Drive?
Colin Kwan is the current CEO of MEMS Drive.
Is MEMS Drive a funded company?
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 18, 2016.
What does MEMS Drive do?
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.
Who are the top competitors of MEMS Drive?
MEMS Drive's top competitors include poLight, Axsun Technologies and sensiBel.
Who are MEMS Drive's investors?
MEMS Drive has 1 investor. Key investors include Walden International.
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