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MKSemi Gains $12.8 Million in Series Pre-A+ Round

MK8000 also enables OEMs and ODMs to rapidly design, integrate and deploy complete location and direction-finding solutions.

Mauna Kea Semiconductors (MKSemi) has finally closed Series Pre-A+ funding totaling $12.8 million led by Lightspeed China Partners with participation by marquee investors Qiming Venture and Ivy Capital.

MKSemi RoundGuided by its mission to enable ubiquitous high-precision sensing, MKSemi also launched its new product MK8000 system on a chip (SoC), the world’s lowest power, highest integrated chip solution, currently the best solution that empowers IoT devices with the smallest batteries and size for high-precision sensing.

“This funding close is a resounding validation of MKSemi’s vision, mission, and the tremendous traction gained as the leading low-power UWB company,” said Yifeng Zhang, Co-founder and CEO of MKSemi. “We are grateful to our investors and partners for supporting and embracing our differentiator — the unparalleled ability to enable IoT devices with high-precision sensing. Already working closely with tier one smartphone OEMs, MK8000 also has wide-ranging potential to dramatically bolster consumer and industrial IoT applications such as smart homes, cities, automobiles, wearables, and health monitoring devices.”

“Every once in a while, we see all the necessary ingredients that present itself in one promising startup – industry pioneers evident in the founders’ experience, breakthrough product and tremendous potential with a growing market. MKSemi is such a company that we are proud to support,” said James Mi, Founding Partner, Lightspeed China Partners. “The company has a chance to impact industries and accelerate UWB market adoption, and we’re excited to help them scale globally.”

“MKSemi chose to pair their low power UWB SoC with Infineon Technologies’ best-in-class PSoC™ 63 Bluetooth® LE MCU,” said Ali Bukhari, Director, Product Marketing – BTBLE IoT Computer & Wireless Division, Infineon Technologies. “Together with MKSemi we are creating an ideal solution for various location-based use cases including asset tracking, passive keyless entry (digital key), warehouse management, and location tags.”

MK8000 also enables OEMs and ODMs to rapidly design, integrate and deploy complete location and direction-finding solutions.

Additionally, the company announced a partnership with world-leading semiconductor solutions provider Infineon Technologies and industrial and automotive system integrator ThinkSeed Systems to enable secure ranging and location in IoT applications.

MKSemi’s new MK8000 UWB SoC with its high level of integration and computing power of the system-on-chip, allows customers to implement UWB ranging products with only a handful of external components, ensuring the smallest possible footprint and lowest power consumption. MKSemi’s low-power UWB technology significantly extends the battery life of electronics and enables even the smallest wireless devices to have high precision ranging and location capability.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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