# Memsic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/memsic

- Industry: Semiconductors
- Headquarters: Andover, US
- Website: www.memsic.com
- Total disclosed funding: $8.3M
- Latest round: Series B (May 23, 2001)
- Investors on record: 4

## About

Founded in 1999 and based in Massachusetts, US, MEMSIC, Inc. designs and manufactures semiconductor sensors such as magnetometers, accelerometers, and hall switch sensors. In 2017, MEMSIC, Inc. was acquired by HC SemiTek Co., and in December 2019, MEMSIC Semiconductor (Tianjin) Co., Ltd. Spun out to form its own entity.

The firm manufactures inertial semiconductor sensors and micro-electromechanical systems such as magnetometers which measure magnetic field or magnetic dipole moment, and thermal accelerometers that measure proper acceleration for automotive, industrial products, IoT devices, and smartphones.

The company generates revenue through the sales of its products to electronic device and automotive manufacturers.

## Funding rounds

- Series B, May 23, 2001, $8.3M — Celtic House Venture Partners, Ironside Capital, InveStar Capital, Still River Funds
- Series A, Jun 1, 1999 — InveStar Capital, Still River Funds

## Investors

- InveStar Capital (https://capitalatlas.ai/funds/investar-capital) — Series A, Series B
- Still River Funds (https://capitalatlas.ai/funds/still-river-funds) — Series A, Series B
- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series B
- Ironside Capital (https://capitalatlas.ai/funds/ironside-capital) — Series B