MEMS foundry Atomica raises $30 million

MEMS foundry Atomica raises $30 million

Business news |
By Peter Clarke

Micro-electro-mechanical systems (MEMS) maker Atomica Corp. (Santa Barbara, Calif.) has raised $30 million in a Series C round of financing. Atomica, formerly Innovative Micro Technology, was founded in 2000.

The round was funded by Cerium Technology Ventures, Novo Tellus Capital Partners, and St. Cloud Capital. The money will be used to expand foundry capabilities, advance MEMS technologies, and support the domestic production of biochips, sensors, and photonic circuits, Atomica said.

Atomica is the largest MEMS foundry in the US, serving customers from its 130,000 square foot manufacturing campus that includes a 30,000 square foot class-100 cleanroom.

“As highlighted by the recently passed CHIPS Act, the US must re-establish leadership in semiconductor manufacturing including MEMS semiconductor chips for emerging applications such as genomics, cell therapies, molecular diagnostics, IoT sensing, and autonomous vehicles,” said Atomica CEO, Eric Sigler, in a statement.

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