NextInput, Inc. Company Profile

Background

Overview

NextInput, Inc., founded in 2012 and headquartered in Mountain View, California, specializes in micro-electromechanical systems (MEMS)-based sensing solutions. The company focuses on enhancing human-machine interfaces (HMIs) across various industries, including automotive, consumer electronics, wearables, medical devices, and industrial applications. Their mission is to innovate and revolutionize the touch experience by providing the world's best sensing solutions.

Mission and Vision

NextInput's mission is to innovate and revolutionize the touch experience by providing the world's best sensing solutions. The company envisions enabling new user experiences through advanced HMI solutions, leveraging their expertise in MEMS-based force-sensing technologies.

Industry Significance

NextInput has established itself as a leader in MEMS-based sensing solutions, contributing significantly to the advancement of touch and touchless interfaces. Their technologies have been integrated into a wide range of products, from smartphones and wearables to automotive interiors, enhancing user interaction and device performance. The company's innovations have set new industry standards for sensitivity, reliability, and integration in HMI applications.

Key Strategic Focus

Core Objectives

NextInput aims to lead the development of advanced HMI solutions by providing innovative, reliable, and cost-effective MEMS-based sensing technologies. The company focuses on expanding its product portfolio, entering new markets, and forming strategic partnerships to drive growth and adoption of its technologies.

Areas of Specialization

The company's primary areas of specialization include:

• Force Sensing Solutions: Developing MEMS-based sensors that enable precise force detection for touch and touchless interfaces.

• Infrared (IR) Sensing: Expanding into IR sensing to support touchless applications such as proximity detection and gesture-based controls.

• Automotive Applications: Integrating smart surface technologies into automotive interiors to enhance user experience and vehicle functionality.

Key Technologies Utilized

NextInput employs several key technologies, including:

• MEMS-Based Sensors: Utilizing micro-electromechanical systems to create sensitive and reliable force-sensing solutions.

• Digital Signal Processing (DSP): Incorporating DSP to enhance sensor performance and integration capabilities.

• Infrared Sensing: Implementing IR sensors for touchless interaction and proximity detection.

Primary Markets Targeted

NextInput targets a diverse range of markets, such as:

• Mobile Devices: Smartphones and wearables requiring advanced touch and touchless interfaces.

• Automotive: Vehicles seeking innovative HMI solutions for smart interiors.

• Consumer Electronics: Devices like smart home products and personal care items.

• Medical Devices: Healthcare equipment needing precise and reliable touch interfaces.

• Industrial Applications: Machinery and equipment requiring robust and intuitive HMI solutions.

Financials and Funding

Funding History

NextInput has successfully raised capital through multiple funding rounds:

• Series A: In December 2015, the company secured $8 million, led by Sierra Ventures, with participation from Intel Capital and GoerTek Group Co., Ltd.

• Series B: In June 2018, NextInput raised $13 million, with Sehat Sutardja and Weili Dai joining as investors.

Acquisition by Qorvo, Inc.

On May 6, 2021, NextInput was acquired by Qorvo, Inc. for $173.3 million. The acquisition aimed to integrate NextInput's MEMS-based sensing solutions into Qorvo's Mobile Products division, enhancing their offerings in mobile, TWS, automotive, and IoT markets.

Utilization of Capital

The funds raised were utilized for:

• Product Development: Advancing MEMS-based force-sensing technologies and expanding the product portfolio.

• Market Expansion: Entering new markets and applications, including automotive and medical devices.

• Operational Scaling: Increasing production capacity and operational capabilities to meet growing demand.

Pipeline Development

Key Pipeline Candidates

NextInput's notable products include:

• ForceTouch™ Sensors: MEMS-based sensors enabling precise force detection for touch interfaces.

• ForceGauge® Sensors: Advanced sensors offering high sensitivity and reliability for various applications.

• IR Sensing Solutions: Touchless sensing technologies for proximity detection and gesture controls.

Stages of Development

These products have progressed through various stages:

• Product Design and Prototyping: Initial development and testing phases.

• Mass Production: Achieved with key products, including the FT-7600 and FT-7800 sensors.

• Market Adoption: Integrated into devices by leading manufacturers in mobile, automotive, and consumer electronics sectors.

Target Conditions

The technologies address needs such as:

• Enhanced User Interaction: Providing intuitive touch and touchless interfaces.

• Space and Power Efficiency: Offering compact and low-power solutions for various applications.

• Reliability and Durability: Ensuring consistent performance across diverse environments.

Anticipated Milestones

Future milestones include:

• Product Launches: Introducing new sensor models and technologies.

• Market Expansion: Entering additional verticals and geographic regions.

• Strategic Partnerships: Forming alliances to enhance product offerings and market reach.

Technological Platform and Innovation

Proprietary Technologies

NextInput's proprietary technologies encompass:

• ForceTouch™ Sensors: Enabling precise force detection for touch interfaces.

• ForceGauge® Sensors: Offering high sensitivity and reliability for various applications.

• IR Sensing Solutions: Providing touchless sensing capabilities for proximity detection and gesture controls.

Significant Scientific Methods

The company employs advanced scientific methods, including:

• MEMS Fabrication Techniques: Utilizing micro-electromechanical systems to create sensitive and reliable sensors.

• Digital Signal Processing (DSP): Enhancing sensor performance and integration capabilities.

• Infrared Sensing Technologies: Implementing IR sensors for touchless interaction and proximity detection.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed in the available information, NextInput's focus on advanced sensing technologies suggests potential integration with AI for enhanced user interaction and device performance.

Leadership Team

Key Executives

• Ali Foughi: CEO & Founder. Ali has been instrumental in leading NextInput's growth and innovation in MEMS-based sensing solutions.

• Tarun Anand: Finance. Tarun oversees financial operations, ensuring strategic allocation of resources.

• Sam Miri: Sales. Sam drives sales strategies and partnerships to expand market presence.

• Tom Gilbert: Business Operations. Tom manages day-to-day operations, optimizing efficiency and productivity.

• Robert Badalian: Business Development. Robert focuses on identifying and pursuing new business opportunities.

• William Bowman: Operations. William ensures smooth operational processes and supply chain management.

• Hemen Chang: Sales. Hemen contributes to sales initiatives and customer relationship management.

Leadership Changes

No significant leadership changes are reported in the available information.

Competitor Profile

Market Insights and Dynamics

The HMI sensor market is experiencing rapid growth, driven by the increasing demand for intuitive and responsive user interfaces.