Investment Update : West Fountain Parallel Fund invested in Series D of Ambiq Micro
In June 2017, West fountain Global Fund LP ("West fountain") and Shenzhen Capital Group Company (“SCGC") completed round D investment in Ambiq Micro, Inc. ("Ambiq Micro"), an American chip design company for the Internet of things (IoT). Other investors included KPCB, Q Venture Partners, etc.
Ambiq Micro, a company focusing on ultra-low power microprocessor design, was founded in 2010 and headquartered in Austin, Texas, USA. Its core technology SPOT chip development platform is currently the lowest power consumption of the same type of products in the world.
In the future, SPOT platform will be “ARM” in the "sub-threshold" field, with a series of self-developed chip design standards. The future development of the company is to apply the platform to all MCU modules, including SRAM, common interfaces of peripheral devices, etc. In the future product development, SPOT platform will also be applied to MCU communication module to achieve "low power computing" and "low power communication".
With the emerging field of intelligent applications in the field of the Internet of Things, the increasing demand for intelligent electronic products, the imminent upgrading of traditional industries, and the unique patented ultra-low power MCU chip design ofAmbiq Micro, make the company a possibility of future acquisitions. Potential future acquirers include companies with software systems or end products but no IC divisions, and future IC needs, including Amazon,Facebook,LG,Lenovo, etc. In addition, IC major factories such as Qualcomm, MediaTek, Intel,ARM and other companies also have the need to lay out in the low-power chip field, it is worth mentioning that ARM and MediaTek have become shareholders of Ambiq Micro.
Intelligent applications in the field of Internet of things are ascending, the demand for intelligent electronic products is increasing and the upgrading of traditional industries is urgent. Ambiq Micro's unique patent protected ultra-low power MCU chip design makes the company a potential candidate for acquisition in the future. Potential buyers include companies with future IC needs and software systems or terminal products but no IC department, such as Amazon, Facebook, LG, Lenovo, etc. In addition, large IC manufacturers such as Qualcomm, MediaTek, Intel, ARM and other companies also have the strategic need to lay out in the low-power chip field. It is worth mentioning that ARM and MediaTek have become shareholders of Ambiq Micro already.