Nanusens signs its first MEMS sensor IP deal, launches another crowdfunding
UK MEMS startup Nanusens has announced its first licensing deal for sensor IP as it looks to raise more cash through crowdfunding.
The deal with Azoteq in South Africa will see the MEMS sensor IP used in high volume sensor fusion chips for industrial and consumer applications.
The Nanusens IP allows MEMS structures to be made at the same time within a chip as other IP on the ASIC using standard CMOS processes. This reduces the cost and size of a sensor design as it replaces discrete sensor packages.
The company plans to raise funds on the Crowdcube platform with a campaign that closes tomorrow to port the technology to a range of smaller process nodes. Investments start at £10.
The ability to use crowdfunding was one reason the company moved its headquarters from Spain to Paignton in Devon. It is venture funded by Inveready, Caixa Capital Risc and Dieco Capital and several, ultra-high net worth investors including its chairman.
“Azoteq is one of a number of companies that recently received samples of our 3D accelerometer that were created using an IP block within an ASIC. Azoteq is the first to sign an IP license and we plan to announce several more license deals soon,” said Dr Josep Montanyà, CEO of Nanusens.
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Dr Dieter Mellet, Azoteq’s CTO, commented, “Our business is based on creating multi-sensor solutions for customers who often need to include many sensors into space-constrained applications. Nanusens technology enables monolithic integration of MEMS within an IC and is perfect for us as we can now embed an array of 3D accelerometers into an existing IC, providing cost, power and space saving to our customers over current solutions available today further expanding our ProxFusion offering.”
The campaign is at https://www.crowdcube.com/companies/nanusens/pitches/bdpADb.
www.azoteq.com; www.nanusens.com
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