Atmosic Raises $72M in Additional Funding

Atmosic, a Campbell, Calif.-based world leader in energy harvesting wireless platforms for the Internet of Things (IoT), raised $72m in funding.

The round was led by Sutter Hill Ventures.

Atmosic is also launching its new ATM33 Series Bluetooth® 5.3 family of system-on-chips (SoCs) which leverage energy harvesting technology to offer energy efficiency and remove the cost and waste of replacing batteries frequently in connected products.

The company intends to use the funds to expand operations and business reach with the introduction of the ATM33 series.

Led by David Su, CEO, Atmosic is an innovative fabless semiconductor company, designing ultra-low power wireless and energy harvesting solutions to reduce device dependency on batteries, aiming to deliver forever battery life and the battery free connected Internet of Things. The company’s products enable the IoT device ecosystem—designers and manufacturers, as well as end users and those responsible for deployments—to lower costs and efforts associated with maintaining the growing Internet of Things in Personal, Home, Auto, Healthcare, Industrial, Enterprise and Smart Cities segments.

Atmosic’s business has grown during the past year with a 10x increase in shipments, and a 500% expansion of the company’s customer base, including the recent partnership announcement with Universal Electronics Inc., the global leader in wireless universal control solutions for home entertainment and smart home devices. Atmosic is continuing to enhance its ultra-low power and energy harvesting technology roadmap, expand its global footprint, and deliver breakthrough IoT innovations to its customers.