Meridian Innovation, a Singapore-based developer of low cost, mass producible thermal imaging sensors, raised US$12.5M in funding.
The round, which brought the total amount to $30M, saw participation from Seeds Capital, Moveon Technologies, TCVC and Hong Kong Science and Technology Parks Corporation.
The company intends to use the funds to scale operations, accelerate product development and expand its reach into broader consumer and commercial markets.
Led by Hock Leow, CEO, Meridian Innovation is a developer of advanced complementary metal-oxide-semiconductor (“CMOS”) thermal imaging solutions for commercial and consumer applications that will enable safer and better living. Meridian’s technology utilizes a patented approach in fabricating LWIR sensors based only on CMOS. The company also has operations in Hong Kong, USA and UK.
FinSMEs
08/10/2024