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Established
2010
Location
Austin, TX, US
Primary Industry
Semiconductors
About
Ambiq Micro, Inc. develops ultra-low power semiconductor solutions, focusing on System-on-Chip (SoC) products for edge artificial intelligence applications across various markets. Founded in 2010 and headquartered in Austin, US, Ambiq Micro, Inc. specializes in low-power semiconductor technology.
The company was co-founded by Dennis Sylvester and Scott Hanson, who have significant experience in the technology sector. Ambiq has completed 23 deals and raised a total of USD 8. 80 mn, with its latest funding round, Series G, closing on August 31, 2023. Ambiq specializes in ultra-low power semiconductor solutions, particularly in System-on-Chip (SoC) products that enable edge artificial intelligence.
Their flagship product, the Apollo510, offers 30 times more energy efficiency than previous models, supporting advanced applications like speech recognition and health monitoring. This SoC is essential for various markets, including healthcare, wearables, and smart home devices, and has been adopted by several leading manufacturers globally, particularly in North America, Europe, and Asia. Ambiq generates revenue primarily through sales of its semiconductor products, including the Apollo510 and Apollo4 series, as well as its patented Subthreshold Power Optimized Technology (SPOT®) platform. The company engages in direct sales and B2B partnerships, allowing tailored pricing based on volume and application.
By early 2025, Ambiq is projected to have sold 270 million devices, indicating a healthy demand for its technology. In August 2023, Ambiq Micro, Inc. raised USD 8. 80 mn in Series G funding as part of a larger USD 75 mn round.
The funding will support the launch of new products and facilitate entry into new markets. Ambiq is focusing on expanding its footprint in Asia and Europe by 2025, particularly targeting the healthcare and wearable technology sectors to leverage its advanced semiconductor solutions.
Austin Ventures, Kleiner Perkins, Mercury
Semiconductors
Integrated Circuits, Electronic Components, Fabless Semiconductors
www.ambiqmicro.com
Wearables & Quantified Self
Series G