Groundbreaking RF MEMS start-up DelfMEMS secures $1.9 million funding

VILLENEUVE D'ASCQ & LILLE, FRANCE: DelfMEMS, a rising player in the field of Radiofrequency components and developer of innovative MEMS (Micro-Electro-Mechanical-Systems) switching solutions, announces that the company has secured €1.5 million ($1.9 million) in venture capital (VC) funds.

This substantial investment comes from A2D Invest, Alliansys, Finorpa, Inovam, Rhône-Alpes-Création, and business angels (Nord, XMP-BA and IT @ngels), and will be used for delivering initial stand-alone products for instrumentation and defense as well as creating partnerships for integration into mobile phone front-end modules.

DelfMEMS proposes a new integrated micro-mechanical building block that is based on a strong, totally new IP portfolio that solves past issues and substantially improves hot switching behavior, switching time (<1µs) ,and power consumption (12V actuation voltage, electrostatic).

"DelfMEMS’ technology enables its customers to increase bandwidth while minimizing cost, size, and consumption," explains Olivier Millet, CEO of DelfMEMS. "These funds will enable us to develop dedicated Thin Film Packaging that offers the full benefits of the DelfMEMS technology and complete integration at a lower cost." DelfMEMS is currently engaged in discussions with over 50 companies and is signing its first co-development contracts for various applications.

"We are extremely impressed with DelfMEMS’s disruptive technology," states Mathieu Viallard, investment officer, Rhône-Alpes Création. "We anticipate that it will achieve the highest technical standards required for the tunable module market," he adds. The investment also marks an important step for this VC. "This fundraising proves that regional VCs can work hand-in-hand to support cutting-edge start-ups."

DelfMEMS believes in close collaboration with VCs to maximize benefits for all parties. Finorpa, Inovam & Nord Création, the earlier investors in DELFMEMS, actively work with the management team and are convinced that DelfMEMS will become a leading player in the MEMS field.

“DelfMEMS’ innovative proposition and technological milestones demonstrate their ability to deliver future quality products,” says Thierry Chevallier, investment Director, Finorpa. “The recent capital increase will help in achieving the product roadmap and securing clients for DelfMEMS’ technology.”