New Scale Technologies, Inc.

New Scale Technologies, Inc. specializes in creating advanced miniature motion systems, offering precision micro motion and automation solutions tailored for various industries. Founded in 2002 and headquartered in Victor, US, New Scale Technologies develops innovative motion technology. The company has pivoted its business strategy to focus on miniature motion systems and was notably acquired by Cisco in March 2011 for an undisclosed amount.

The current CEO, David Henderson, has driven initiatives to enhance product offerings and market reach. New Scale has successfully completed 4 funding rounds, with the latest being a Series A round in which they raised USD 0. 78 mn, bringing the total amount raised to USD 0. 78 mn and their current valuation to USD 27.

043 mn. New Scale Technologies specializes in the development and manufacture of miniature motion systems, particularly focusing on micro motion and automation solutions. Their core product offerings include M3 smart modules, which are embedded motion systems featuring built-in controllers that eliminate the need for separate control boards. These modules integrate seamlessly with various system processors, operating on a 3-6 VDC power supply.

Designed for micrometer precision, the M3 modules are applicable in adjusting micro optics or mechanical components across handheld, portable, and mobile systems. Key sectors utilizing these products include medical instrumentation, neuroscience, aerospace, and extended reality devices, serving clients in North America, Europe, and Asia. New Scale Technologies generates revenue primarily through direct business-to-business transactions, supplying flagship products such as the M3 smart modules and the Modular Insertion System (MIS) to research institutions, medical device manufacturers, and technology companies. The sales model typically involves one-time purchases for specific modules or systems, occasionally supplemented by service agreements for upgrades and support.

Their pricing plans are designed to accommodate diverse customer needs, often providing bundled solutions that enhance cost-efficiency. Strategic partnerships and collaborations, such as with Q-Block Computing, further strengthen their market position and potential for revenue growth. New Scale Technologies is focused on expanding its product lineup with new miniature motion systems designed to enhance automation capabilities, with several releases planned over the next two years. The company aims to penetrate additional markets, particularly in Europe and Asia, by 2024.

The funding raised in the latest Series A round will be instrumental in supporting these initiatives, including product development and market expansion efforts.