a year ago
Cambridge Mechatronics Secures $40 Million to Expand SMA Actuator Portfolio
Cambridge Mechatronics, a UK-based company specializing in Shape Memory Alloy (SMA) actuators, has raised over $40 million in funding led by Atlantic Bridge, with co-leads Intel Capital and Supernova, and participation from Sony Innovation Fund
The company plans to use the funds to expand its actuator and controller IC product portfolios
Cambridge Mechatronics' SMA actuators are used in a wide range of applications, including smartphone cameras, where they enable autofocus and optical image stabilization in a compact and lightweight design
The company has shipped its technology in over 70 million products to date and has over 700 patents pending and granted.
ProblemTechnology
"making camera components more compact and lightweight for high precision and high force levels in devices"
Solution
"using Shape Memory Alloy actuators that are controlled to sub-micron accuracy for autofocus and optical image stabilization"