Nanusens designs integrated circuits with nano-mechanical devices inside. They believe their technology will revolutionise the semiconductor landscape. MEMS is currently a $10B market, estimated to grow at a 7% CAGR. They believe there is potential to grow a lot further, into new applications, like wearables and IoT.
Nanusens develops integrated circuits with built-in nano-sensors. Our mission is to revolutionise the MEMS industry, transitioning from what we see today as an artisanal manufacturing to an industry-standard. We aim for increased levels of miniaturisation, performance, cost and volume production capability, enabling the fast deployment of IoT.
MEMS ICs have micron sized mechanical components inside. They are used to implement sensors and RF tunable devices, primarily targeting consumer applications like smartphones, and wearables. MEMS RF devices are needed for 5G smartphones, estimated to reach 50% of the smartphone market in 2021.
There is currently no manufacturing standard for MEMS ICs, however, there is one for solid-state ICs, CMOS. At Nanusens, we have found a way to use the CMOS process to manufacture our MEMS devices. This allows us to benefit from the existing large economies of scale, leading to lower cost, smaller size and better performance.
After years of research, our own testing indicates that we now have working devices for mechanical elements. We will use the funds from this round to add the electronics, finalise the supply chain for volume production and develop first samples. We are in active talks with some of the largest smartphone companies, and already have an LOI signed to sell presure sensors.