Mirics raises another $12million

Mirics Semiconductor has raised a further $12million of venture funding, with Acacia Capital Partners joining Pond Venture Partners and lead investor Intel Capital.

According to Mirics’ ceo Simon Atkinson: “As well as helping us to accelerate the roll out of our product roadmap and expand our talented engineering team, the additional investment will enable us to extend the reach of our commercial and customer support organisations. This will ensure that Mirics can provide the best possible support to the many leading technology companies we’re already connecting with across Europe, the US and Asia.” Mirics’ FlexiMode technology enables reconfigurable rf devices, allowing consumer products to be created for the world market as well as reducing the cost and size of multifunctional devices.