What is Atomica?
Atomica Corp., formerly Innovative Micro Technology, is the largest MEMS foundry in the USA, specializing in the development and manufacturing of Micro Electro-Mechanical Systems. The company leverages a collaborative approach to deliver breakthrough MEMS-based solutions for high-growth industries including cloud computing, autonomous vehicles, cell therapy, molecular diagnostics, genomics, 5G, and the Internet of Things (IoT). Operating from a 130,000 square foot manufacturing campus in Santa Barbara, California, which includes a 30,000 square foot class 100 clean room, Atomica is ISO 9001 certified and ITAR registered. Its extensive expertise covers the full spectrum of MEMS, encompassing photonics, sensors, microfluidic biochips, and other micro components.
How much funding has Atomica raised?
Atomica has raised a total of $30M across 1 funding round:
Series C
$30M
Series C (2022): $30M with participation from Novo Tellus Capital Partners, Cerium Technology, and St Cloud Capital
Key Investors in Atomica
Novo Tellus Capital Partners
Novo Tellus Capital Partners is an investment firm focused on the technology and industrials sector, particularly within the Indo-Pacific region. They partner with ambitious businesses to foster growth through deep sector insight and operational empathy, aiming to build long-term equity.
Cerium Technology
Cerium Technology Ventures specializes in identifying and evaluating investment opportunities in technology companies with proprietary solutions. They focus on creating value through strategic transactions aimed at increasing revenues, reducing costs, and mitigating risks.
St Cloud Capital
St. Cloud Capital is a private investment firm that provides growth capital to U.S. lower middle-market companies, typically investing between $5 million and $20 million in various transaction types to partner with strong management teams.
What's next for Atomica?
With its latest major strategic investment, Atomica is poised to further solidify its position as a dominant force in the MEMS foundry market. The substantial capital infusion, totaling $30M, will likely fuel expansion of its manufacturing capabilities, accelerate research and development into next-generation MEMS technologies, and broaden its market reach. This funding round, classified as Series C, indicates Atomica is in a scaling phase, aiming to capitalize on the increasing demand for advanced micro-components across a diverse range of high-tech industries. The company's focus on solving significant technological challenges suggests a strategic direction towards deeper integration into critical supply chains for emerging technologies.
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