Meridian Innovation
2 Venture Drive #11-08 Vision Exchange, Singapore, 608526
Overview
Meridian Innovation is a Singapore-based developer of low-cost, mass-producible thermal imaging sensors built on CMOS technology. Its core product is an advanced complementary metal-oxide-semiconductor (CMOS) LWIR thermal imaging sensor fabricated using a patented CMOS-only approach. The company targets commercial and consumer applications aimed at enabling safer and better living. Meridian has operations in Hong Kong, the USA and the UK and is led by CEO Hock Leow. It raised US$12.5M in the most recent funding round, bringing total funding to US$30M. The company intends to use the proceeds to scale operations, accelerate product development and expand into broader consumer and commercial markets. Meridian Innovation is a developer of low-cost, mass-manufacturable CMOS thermal sensors, marketed under its SenXor™ product family and protected by multiple international patents. Its sensors emphasize low power and low cost enabled by a CMOS production process and are positioned for rapid adoption across Smart Appliances, ADAS, AI-assisted failure analyzers, security, medical & safety products, and portable thermography instruments. Over the last 12 months Meridian has shipped to more than 20 customers across multiple market segments and has been manufacturing sensor modules for a year. The company is accelerating ramp-up of commercial production and working with a manufacturing investor to scale output. It is developing a second-generation SenXor™ sensor and plans to begin sampling that product in early 2022. Meridian has received steady investor support to date, bringing total investment to more than US$18 million. Meridian Innovation develops advanced CMOS thermal imaging solutions, using a patented approach to fabricate MEMS LWIR sensors. The company targets commercial and consumer markets including smart appliances, IoT devices, ADAS, AI-assisted heat-failure analyzers, security, and medical and safety products. Meridian plans to use new funding to further enable and accelerate market penetration and product development. It raised US$6M in its latest round, bringing total investment to date to more than US$10M. The company is led by CEO and co-founder Hock Leow and has operations in Singapore, Hong Kong, the USA and the UK. Meridian employs more than 25 people across its locations.
- Total raised
- $27M
- Funding rounds
- 4
- Latest round
- Equity
- Latest activity
- Oct 2024
Industries
- Manufacturing
- Semiconductor
- Sensor
Recent funding
Equity
Oct 2024
$13M
Equity
Jul 2021
$8M
Equity
Jun 2019
$6M