NemeriX

About NemeriX

NemeriX S.A. was a fabless semiconductor company established in April 2002 and based in Manno, Switzerland. The firm focused its operations on the design and development of ultra-low-power integrated circuits, software, and firmware for the Global Positioning System (GPS) and Location-Based Services (LBS) markets. NemeriX operated on a venture-backed model, successfully raising significant capital to fund its development and growth. The company secured a total of at least $53 million in funding across multiple rounds, including a notable Series C round of $22 million in September 2007, which saw participation from investors such as Oak Investment Partners, Auriga Partners, and PolyTechnos Venture Partners.

The company's business model was centered on providing semiconductor solutions to manufacturers of battery-powered devices. Its client base included producers of mobile handsets, personal navigation devices (PNDs), personal media players, and digital still cameras. NemeriX's core value proposition was enabling location determination with minimal power consumption, a critical factor for portable electronics. The product portfolio included analog RF receivers and baseband processors, such as the NJ2020 hosted GPS baseband processor. A key offering was its NeX (NemeriX Extended Ephemeris) Assisted GPS technology, provided free of charge on its NX3 GPS platforms. This technology was designed to significantly reduce the time-to-first-fix (TTFF) for a GPS receiver, allowing it to compute a position faster, even in challenging environments like deep-indoor settings or urban canyons. It achieved this by storing seven days of satellite location data in a uniquely small file, which could be easily transferred to a device. Despite its technological developments and funding, NemeriX ultimately ceased operations and is now considered a deadpooled company.