Menlo Micro Announces $150 Million in Series C Funding as Ideal Switch™ Technology Accelerates the Electrification of Everything

March 11, 2022

IRVINE, Calif.–(BUSINESS WIRE)–Menlo Microsys­tems, Inc. (Men­lo Micro), the com­pa­ny respon­si­ble for rein­vent­ing the elec­tron­ic switch with its Ide­al Switch™ tech­nol­o­gy, announced today its $150 mil­lion Series C, bring­ing Men­lo Micro’s total cumu­la­tive fund­ing to over $225 mil­lion. Ver­ti­cal Ven­ture Part­ners and Tony Fadell’s Future Shape led the round with par­tic­i­pa­tion from new investors Fideli­ty Man­age­ment & Research Com­pa­ny, DBL Part­ners and Adage Cap­i­tal Man­age­ment along with exist­ing investors, Stan­dard Invest­ments, Pal­adin Cap­i­tal Group, Piva Cap­i­tal, and PeopleFund.

Men­lo Micro will use the fund­ing to expand the company’s domes­tic man­u­fac­tur­ing and sup­ply chain for the Ide­al Switch, the most dis­rup­tive tech­no­log­i­cal inno­va­tion in the elec­tron­ics indus­try since the advent of the transistor.

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