Home Breaking News German semiconductor technology startup OQmented raises USD 9.3 million in seed extension...

German semiconductor technology startup OQmented raises USD 9.3 million in seed extension round

Germany based OQmented, a deep tech startup that develops and sells advanced MEMS technology, raised USD 9.3 million on 4th November.

Investors: Several investors led by Vsquared Ventures (Vsquared), Salvia, and Baltic Business Angels, as well as several Angel investors, includes new investors IT-Farm, Leblon Capital, and Deeptech-A. Since its spin-off from the Fraunhofer Institute in Germany in 2018, the deep tech startup has raised nearly US 20 million.  

Purpose of funding: Funds will primarily be invested in expanding the company’s headquarters in Itzehoe, accelerating their research and development, and expanding their relationships with existing partners and building new partnerships. A deep-techglance at OQmented’s laser beam scanning (LBS) MEMS mirror technology for AR/VR smart glasses market penetration. It is the industry’s first one-chip projection display that offers product innovators the enabling technology for smart glasses that offer powerful visual capabilities in a stylish, nearly weightless frame. By developing this product, the company will help to make AR/VR technologies mainstream. Consequently, the next generation of the internet will run more smoothly, and applications like 3D cameras, LiDAR, and machine vision will become easier to develop. 

About OQmented

Founded in 2018 by Dr Ulrich Hofmann & Thomas von Wantoch, located in Itzehoe, Germany, OQmented is a deep tech startup that develops and sells MEMS mirrors and laser scanning technologies. Utilizing a sophisticated MEMS mirror together with proprietary electronics and software, the company can offer steerable chips that can be tailored exactly to the needs of the customer.  Compared to other scanners, MEMS scanners have the highest field of view, device size, durability, energy consumption, and sensing capabilities. Clients include technology companies, automotive companies, and optics firms. Its products include 3D cameras, robotics and AR applications.

What the Investor has to say

“OQmented is at the forefront of this trend with its game-changing projection display technology,” he said. “Our investment decision was sparked by the team’s sharp market instincts and reinforced by the value that their innovation will create for myriad industries,” said Helmut Jeggle, Salvia Founder Managing Partner.

  “The team has been remarkably resource-efficient, innovating aggressively while scaling a company to support Big Tech customers. With a differentiated solution ready for adoption, as well as a manufacturing partnership with a MEMS leader, it is an exciting time to engage,” said Benedikt von Schoeler, Vsquared General Partner.

“Proximity to key customers isn’t just a business imperative for a company with highly enabling technology, it’s also a competitive differentiator. With our roots and connections in Japan and Silicon Valley, we can help the team get their product into customer design flows faster and more efficiently,” said Julian Nguyen at IT-Farm.


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Varun Nath writes about the startup ecosystem on VC Bay. A student at Delhi University, he is pursuing a Bachelor of Commerce degree. In pursuit of exploring the world of finance and technology. You can reach him at varunnath155@gmail.com

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