MiraMEMS Successfully Completed Series D Funding Round

Technology Author: Contributor, Sally Shi, Fuller Wang Aug 10, 2022 12:56 PM (GMT+8)

Within a year, here comes another big news of MiraMEMS. Its new funding round indicates investors' high expectations of the future of the company. With a new business approach, MiraMEMS has no worries about the funding part of the research and development.


On around August 10, 2022,  MiraMEMS (明皜传感), also known as Suzhou Minghao Sensing Technology, completed its Series D funding round. The funding amount is nearly CNY hundreds of millions. This funding round was led by Shangqi Capital. It was also followed by Yuanhe Holdings, Zhidao Capital, and Yongxin Capital. 

Established in 2011, the company focuses on MEMS smart business, designs and produces sensor products, and provides customers with application scenario solutions and system services. The products are widely used in many different fields, indicating the company’s high potential. This is the first funding round in the year 2022. It has been roughly only a year since the last funding round. The last Series C funding round was taken place on August 16, 2021. It has been a short period in between. However, it is incredible that MiraMEMS could successfully raise such a huge amount in its new funding round.

This funding round is mainly prepared for the research and development and mass production of gyroscope and IMU module products. According to MiraMEMs, they are trying to improve the level of supply chain integration and management. The company also continues to strengthen the expansion not only in the capacity and applications in the IoT ecological chain, industrial control, intelligent manufacturing, and automotive fields, but also in the research and development of accelerometers, gyroscopes, magnetic sensors, force sensors, pressure sensor, sensor module, and other next-generation sensor products

As mentioned by Shangqi Captial, after more than 10 years of hard work, MiraMEMS has occupied the forefront of China's shipments and quality in the consumer electronics industry. The industry covers mobile phones, wearable devices, IoT, and others. And we believe if MiraMEMS could relate to the consumer electronics industry and motor vehicle industry, it would be another huge jump towards a new higher level of success.