Menlo Micro Announces $150 Million In Series C Funding As Ideal Switch™ Technology Accelerates The Electrification Of Everything
Menlo Micro Announces $150 Million In Series C Funding As Ideal Switch™ Technology Accelerates The Electrification Of Everything
03/09/22, 11:00 AM
Location
Money raised
$150 million
Round Type
series c
Menlo Microsystems, Inc. (Menlo Micro), the company responsible for reinventing the electronic switch with its Ideal SwitchTM technology, announced today its $150 million Series C, bringing Menlo Micro’s total cumulative funding to over $225 million. Vertical Venture Partners and Tony Fadell’s Future Shape led the round with participation from new investors Fidelity Management & Research Company, DBL Partners and Adage Capital Management along with existing investors, Standard Investments, Paladin Capital Group, Piva Capital, and PeopleFund.
Company Info
Location
irvine, california, united states
Additional Info
Menlo Micro is on a mission to create a more energy efficient and sustainable world, with an entirely new category of electronic switches. The Ideal Switch eliminates compromises and tradeoffs by combining the benefits of electromechanical and solid-state switches into the best of both worlds. Menlo is bringing more than 99 percent reductions in size, weight, power, and cost to dozens of industries such as medical, aerospace and defense, telecommunications, consumer electronics, industrial IoT, and test and measurement. For more information, visit menlomicro.com.