Atmosic Technologies, a leader in ultra-low power computing and connectivity solutions, announced it has successfully raised $40 million in Series D funding. Sutter Hill Ventures led the round and was joined by Clear Ventures, Quantum Innovation Fund, and other institutional and private investors.
This funding follows Atmosic’s design wins in the rapidly growing multibillion-unit battery-powered IoT market. And with this momentum, the company will push the boundaries of innovation, expanding its portfolio of ultra-low-power solutions that empower intelligent sensing and edge computing applications.
Atmosic envisions a future where real-time decision-making happens seamlessly at the data source, transforming industries by enabling smarter and more efficient systems with minimal energy consumption.
KEY QUOTES:
“We are excited by Atmosic’s momentum from recent design wins and their transformative vision. We are confident in the company’s long-term trajectory.”
- Stefan Dyckerhoff, Managing Director at Sutter Hills Ventures and Atmosic Board Director
“We are thrilled to partner with Sutter Hill Ventures, Clear Ventures and Quantum Innovation Fund. The funding will be used to scale Atmosic’s manufacturing capacity to support new high volume design wins and accelerate the development of the next generation compute and connectivity platform, extending our low-power advantage and addressing some of the industry’s most fundamental challenges.”
- Ali Foughi, CEO, Atmosic Technologies
