Villeneuve d’Ascq &Paris, January 8th, 2013 FSN PME, managed by CDC Entreprises– in the context of the Programme d’Investissements d’Avenir, together with Iris Capital, VIVES, Capitalaria and early investors of the company, announce an investment in DelfMEMS, a developer of MEMS (Micro-Electro-Mechanical-Systems) switching solutions for applications in the RadioFrequency (RF) communication field. The funding of €8.2M ($10.5M), of which €3,5M ($4,5M) from the FSN PME, will enable DelfMEMS to accelerate the industrialisation of its products. The company also announces the appointment of Guillaume d’Essautier as CEO.
DelfMEMS, a leading player in the field of RF components and developer of innovative RF MEMS switching solutions, announces that the company has secured 8.2M€ ($10.5M) in round B funding. This substantial investment comes from CDC Entreprises, Iris Capital, Capitalaria, VIVES as well as previous investors (A2D Invest, Alliansys, Finorpa, Inovam, Rhône-Alpes-Création, and business angels). The new funding will be used to support the company’s growth in the next generation wireless front end modules for mobile devices like smart phones and tablets. 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 insertion loss, linearity, integration, hot switching behavior, switching time (<1μs), and power consumption to simplify RF architectures. [...]