Cross-border venture capital firm Walden International has led a US$11 million series B funding round in MEMS Drive, Inc., a developer of MEMS magnetic actuator. A MEMS magnetic actuator is a device that uses the microelectromechanical systems to convert an electric current into a mechanical output, frequently used for cameras on smartphones. MEMS Drive's products […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.