Omnitron Sensors, the pioneer in MEMS fabrication IP for a new world of sensors, has secured $13M+ in Series A funding led by Corriente Advisors, LLC, with participation from longtime investor L’ATTITUDE Ventures. The investment will fuel the expansion of Omnitron’s engineering and operations teams, accelerating the mass production of the company’s first product, a reliable, affordable microelectromechanical systems (MEMS) step-scanning mirror for multiple markets.
Streamlining the production of MEMS sensors — which have been limited by expensive, laborious manufacturing methods for decades — Omnitron’s fabrication IP is the critical enabler for optical cross-connects (OXCs) in artificial intelligence (AI) data centers, optical subsystems in long-range LiDAR for autonomous navigation, see-through displays in extended reality (XR) headsets and eyewear, and precision laser spectrometry for methane gas detection.
“Omnitron Sensors has achieved the quantum leap in MEMS fabrication technology for which the industry has been waiting,” said Mark Hart III, CEO, Corriente Advisors, LLC. “By inventing a process of fabricating mass-market MEMS sensors that are higher-performance, more affordable and more durable than existing sensors, Omnitron is uniquely able to satisfy unmet needs in long-stifled markets with enormous potential, such as optical cross-connects for AI data centers, affordable LiDAR sensors for ADAS, and other markets which have hit a wall due to the longstanding limitations in sensor technology and the inability of legacy MEMS manufacturing techniques to address those constraints.”
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“As a longtime investor in Omnitron Sensors, we believe in the vision to proliferate industry-changing MEMS sensors for applications on which modern society depends,” said Sol Trujillo, co-founder and managing partner, L’ATTITUDE Ventures. “Omnitron has differentiated technology in multiple market segments, which will have a significant positive impact. Furthering our investment in this revolutionary technology has the potential to unlock new markets on a global scale.”
“MEMS sensors are the intelligent microscale devices that allow us to touch the world through silicon,” said Eric Aguilar, co-founder & CEO, Omnitron Sensors. “Yet old and inefficient manufacturing methods have prevented the kind of growth in MEMS that is typical in semiconductors. That’s about to change. Our MEMS fabrication IP offers a new paradigm for mass-producing affordable, precise sensors at scale. With major investment from Corriente Capital and with additional funding from L’ATTITUDE Ventures, our company can now deliver on the promise of our technology.”
SOURCE: Businesswire