The funding accelerates xMEMS’s ability to commercialize its low‑profile, high‑efficiency speakers, positioning the company to capture market share in smartphones, wearables and automotive audio, and signals broader market confidence in MEMS acoustic innovation.
Santa Clara‑based xMEMS Labs closed a $21 million Series D round led by Boardman Bay Capital Management, with participation from Cloudview Capital, CDIB‑TEN Capital, Harbinger Venture Capital, SIG Asia Investments and other strategic investors. The capital will support the company’s solid‑state MEMS speaker development and growth initiatives.
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