United States · Series C startup

Who invested in Menlo Micro

3 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & ElectronicsIndustry 4.0Semiconductors

Funding summaryUpdated 26 Oct 2026

$213Mraised across 3 rounds since 2016, from 8 sources

$19MRound$44MSeries B$150MSeries C
Latest round
Series C, $150MMar 2022
Led by
Future Shape
Step-upi
3.4×
Investors
12 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201720182019202020212022
$19MRound$44MSeries B$150MSeries C
First round
Round, $19M
Dec 2016
Biggest round
$150M
Series C · Mar 2022
Usual gap between rounds
3.8 years
the median of 2
Menlo MicroSemiconductors1 / 22Their pitch deckMenlo Micro's pitch deck, 22 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Mar 2022
  2. Oct 2020
  3. Dec 2016
    Round$19M3 new

    Reported by FinSMEs

Founders and team

From Menlo Micro's own website: 5 on the team.

  • Fanie DuvenhageCorporate Vice President, Microchip Technology
  • Rich SimoncicCEO
  • Mark CzepielCFO
  • Steve LitchfieldMaxLinear, CFO, Chief Strategy Officer
  • Alex IrkliyBoard of Directors

AdvisersJim Witham

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Paladin Capital GroupVC firm3rounds
Future ShapeVC firm2rounds, led 1
40 North VenturesVC firm1round, led 1
Adage Capital ManagementAsset manager1round
DBL PartnersVC firm1round
PeopleFundVC firm1round
CorningCorporate VC1round
Standard InvestmentsPrivate equity1round
Piva CapitalVC firm1round
PivaGrowth equity1round
Microsemi Corporationno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Menlo Micro as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Trancos VenturesVC firmPer its own site

Quick answers about Menlo Micro

Who invested in Menlo Micro?

Menlo Micro's investors include Paladin Capital Group, Future Shape, Vertical Venture Partners, 40 North Ventures and Adage Capital Management, and 7 more on record. Future Shape led its latest round.

How much has Menlo Micro raised?

Menlo Micro has raised $213M across 3 rounds since 2016.

When did Menlo Micro last raise?

Menlo Micro's most recent round was a Series C of $150M in Mar 2022, led by Future Shape.

What was Menlo Micro's biggest round?

Its most recent round, $150M in Mar 2022, is also its largest on record.

Who backed Menlo Micro first?

Menlo Micro's first round on record, in Dec 2016, was backed by Paladin Capital Group, Corning and Microsemi Corporation.

What stage is Menlo Micro at?

Menlo Micro's latest named round is a Series C, in Mar 2022.

Where is Menlo Micro based?

Menlo Micro is based in the United States.

Who led Menlo Micro's rounds?

40 North Ventures led the Series B in 2020; Future Shape led the Series C in 2022.

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