MEMS Drive develops MEMS SensorShift actuators that replace VCM technology to deliver five-axis image stabilization with semiconductor-grade precision, long lifetime, and very low power consumption. The company combines MEMS microelectromechanical actuators with an algorithm ecosystem to enable fast, precise optical-sensor movement and capabilities such as ultra-fast autofocus, optical-axis correction and super-resolution. Its actuator platform targets smartphones, action cameras, wearables, automotive vision, robot vision and smart-city imaging, and the article states MEMS Drive has industry-leading customers integrated across these fields. MEMS Drive showcased its micro actuators and demonstrations at MWC Barcelona 2024, which the company says generated significant industry attention and new partner discussions. Following the financing, MEMS Drive says it has convened more industrial partners and is accelerating scale production of its modules. The company emphasizes automated semiconductor MEMS manufacturing for cost and mass-production advantages compared with VCM solutions. MEMS Drive is a fabless semiconductor company based in Pasadena, CA that develops, manufactures and markets MEMS actuators targeting mobile imaging in portable electronics. Its core product is a MEMS optical image stabilization (OIS) actuator for smartphone camera technology. The company intends to use the Series B proceeds to ramp production of its MEMS OIS actuator for smartphones. MEMS Drive is led by CEO and co-founder Colin Kwan. It already partners with smartphone maker OPPO, which demonstrated a SmartSensor using MEMS Drive technology at Mobile World Congress in Barcelona. MEMS Drive and OPPO are co-developing the technology for handset integration.

Total raised

$11M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2016