Taiwan’s TMYTEK secures US$40M Series B to boost 5G, satellite tech

TMY Technology (TMYTEK), a Taiwanese provider of mmWave solutions, has raised US$40 million in its Series B funding round led by Amazing Microelectronic Corp. and EZconn Corporation, with participation from CDIB Capital Group. The funding will fuel global expansion and R&D efforts, focusing on optimizing mmWave phased array antenna modules for various applications, including 5G/B5G communication networks and smart city infrastructure. TMYTEK aims to debut on the Taipei Exchange in 2025, emphasizing sustainability and technological innovation in reducing energy consumption for a more sustainable future.

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