TMY Technology (TMYTEK), a Taiwanese provider of millimetre-wave (mmWave) solutions, has raised US$40 million in its Series B funding round. Amazing Microelectronic Corp. and EZconn Corporation led the round, which was participated in by CDIB Capital Group.
The funding will accelerate the company’s global expansion plans and bolster its research and development capabilities. It will focus on optimising mmWave phased array antenna modules.
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TMYTEK, one of SparkLabs Taiwan’s portfolio companies, also aims to debut on the Taipei Exchange (TPEX) in 2025.
TMYTEK provides mmWave solutions for 5G/B5G and satellite communication applications. It offers innovative devices, beamforming development kits, phased arrays with antenna-in-package (AiP) technology, and over-the-air (OTA) testing methodology, enabling faster industrial innovation and time-to-market.
The firm’s technology is used in various applications, including 5G/6G communication networks, satellite communication, automotive radar, defence systems, and smart city infrastructure. TMYTEK’s phased array antenna modules and subsystems have become essential components in these industries, offering improved signal transmission efficiency and stability compared to traditional antenna technology.
Su-Wei Chang, founder and president of TMYTEK, said, “Our journey from a responsive problem-solver to a trusted technology partner reflects our dedication to mmWave excellence. Today, clients involve us at the earliest stages of their projects to define specifications collaboratively. Looking ahead, we will deepen our presence in Japan, Europe, and North America by working closely with global system integrators and leveraging Taiwan’s agile supply chain to showcase world-class design and integration capabilities.”
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TMYTEK also aims to reduce energy consumption in its mmWave modules, contributing to a more sustainable future for smart cities and IoT applications. Its mission remains focused on technological innovation, collaborating with international partners, and leveraging Taiwan’s supply chain strengths to achieve its vision of “Designed in Taiwan, Achieved Globally.”
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