Atmosic Technologies Raises US$28.5 Million in Series B Funding in a Boost to Ultra-Low-Power Wireless Solutions

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By Andrew Zignani | 4Q 2019 | IN-5699

 

Funding to Drive Commercialization and Next-Generation Solutions

 

NEWS


Atmosic Technologies recently announced that it had raised US$28.5 million in its Series B funding, bringing the total to nearly US$50 million since the company was founded in 2016. The funding will be utilized to help deploy its innovative M2 and M3 Bluetooth 5 System-On-Chips (SoCs) within commercial products in 2020 and fund Research and Development (R&D) for next-generation products as it continues to differentiate by offering some of the lowest power consuming wireless chipsets across a variety of consumer and Internet of Things (IoT) applications.

Battery-Free Bluetooth?

IMPACT


One challenge that continues to hinder IoT deployments is the feasibility of deploying potentially thousands of battery-powered sensors or tags that require considerable time and effort to maintain. Whether one talks of billions or even trillions of connected devices, in either scenario, the installed base of these battery-powered devices is anticipated to be enormous. Some companies have estimated that, in …

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