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Portfolio Update: Ambiq Micro Received 2021 Best IoT Semiconductor Award

2021.02.08

Image from Ambiq Micro

Recently, the IoT Breakthrough Awards announced the winners of the fifth annual awards to reward companies and technologies that promote the innovation of global IoT technology solutions. Ambiq, a portfolio company of West Fountain Parallel Fund, stood out among thousands of IoT companies around the world and won the title of "Best IoT Semiconductor Company of the Year" in 2021.

Ambiq Micro was established in 2010, focusing on creating and providing the most revolutionary ultra-low-power microcontroller (MCU), system-on-chip (SoC) and real-time clock (RTC) solutions for the market. It is recognized in the IoT semiconductor field Technology pioneer. In 2020, Ambiq Micro's chip sales will reach 100 million chips and more than 75 million devices will be embedded.

Fumihide Esaka, Chairman and CEO of Ambiq Micro said:

"Ambiq's mission is to allow intelligence to appear in every corner of life, while helping to create a cleaner, more environmentally friendly and safer environment, so that mobile and portable devices can reduce total battery consumption or not consume battery power. We are honored to be able to achieve IoT Breakthrough The title of "Best IoT Semiconductor Company of the Year" in the Awards is a recognition of our work."

The IoT Breakthrough Award (https://iotbreakthrough.com/) is an annual award held by Tech Breakthrough, an American technology industry research organization. Senior professionals in the IoT industry select the best companies and products on each segment of the track. Regarding Ambiq Micro, Tech Breakthrough Executive Director James Johnson said:

"A total of 3,850 IoT companies have been nominated for the election. The breadth of the selection and the intensity of competition are unprecedented. We are very happy to have chosen Ambiq Micro's."

Based on a deep understanding of the semiconductor industry, the West Fountain Parallel Fund team has invested in a number of innovative semiconductor companies at home and abroad, such as Ambiq Micro, ASR, Bestechnic, Codasip, and other outstanding companies.