What Micro2Nano does

Micro2Nano, Inc. (주식회사 마이크로투나노, formerly Mtwoen) is a South Korea-based MEMS (Micro-Electro Mechanical Systems) technology company that develops and manufactures precision components at micro to nano scale using proprietary semiconductor fabrication processes. Founded in 2000 and listed on the KOSDAQ market in 2023 under ticker 424980, the company is headquartered in Yongin, Gyeonggi-do, with an additional branch office in Hwaseong. Micro2Nano serves four distinct verticals through a portfolio of four core products: Probe Cards (semiconductor wafer-level chip inspection, including DRAM WFBI), Microneedles (~60μm drug delivery needles developed via a Korea-Israel joint program), V-Grooves (substrates for optical fiber array alignment in waveguide devices), and Pressure Sensors (semiconductor chips for automotive ABS, ESC, and TCS brake systems). The company also offers foundry and custom process development services to semiconductor and sensor customers.

The company monetizes primarily through direct B2B enterprise sales of specialized MEMS components to major semiconductor manufacturers — SK Hynix is the only publicly named tier-1 customer, evidenced by a 2022 SK Hynix SHE Consulting 'Capability Enhancement' award. Pricing is custom quotation-based and not publicly disclosed. Go-to-market is enterprise field sales supplemented by the corporate website inquiry system, trade show participation (e.g., Nano Korea 2024), and direct sales outreach. The company operates two facilities in South Korea (Yongin HQ and Hwaseong branch) and collaborates with the Korea Electronics Technology Institute (KETI) on next-generation MEMS development. Distribution channels are labeled 'Global' in source material, though no overseas offices are disclosed. Micro2Nano's revenue figures, headcount within the 11-50 band, and detailed ownership structure are not disclosed in available sources.

Name

Micro2Nano

Legal name

MICRO2NANO, INC.

Website

https://micro2nano.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Micro2Nano is a South Korea-based MEMS technology company that manufactures precision micro-to-nano scale components — probe cards, microneedles, V-Grooves, and pressure sensors — for semiconductor inspection, medical drug delivery, optical communications, and automotive safety customers, with SK Hynix as its primary named enterprise customer.

Ownership category

akta.pro rank

Product category

MEMS precision components for semiconductor testing and industrial sensors

NAICS

Semiconductor and Related Device Manufacturing (334413), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Optical Instruments & Lenses (3827)

akta.pro primary industry

Sensors, MEMS & Imaging ICs (HDAHAAAG)

akta.pro secondary industries

MEMS & Sensor Foundries (HDAHACAF), Sensor Fusion, Interface ICs & Modules (AFE/Readout/Packaging/Calibration) (HDAHALAO), Metrology, Inspection & Machine Tool Accessories (CMMs, Probing, Gauging) (IMAHADAK)

Keywords

• Semiconductor probe cards
• MEMS components
• Precision micro manufacturing
• Automotive pressure sensors
• Optical fiber alignment

Headquarters

HQ city

Yongin

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations

Revenue model

1. MEMS Component Manufacturing: Production and sale of precision MEMS components including probe cards, microneedles, V-grooves, and pressure sensors for semiconductor and automotive applications.
2. Foundry/Custom Process Development Services: Custom process development and manufacturing support services for semiconductor and sensor applications, providing tailored manufacturing solutions to customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Micro2Nano develops and manufactures MEMS-based precision components at the micro-to-nano scale for industrial customers, using proprietary semiconductor fabrication processes. Its four core product lines are Probe Cards (for semiconductor wafer inspection), Microneedles (for medical drug delivery), V-Grooves (for optical fiber alignment), and Pressure Sensors (for automotive brake systems). The company also offers custom foundry and process development services tailored to customer-specific semiconductor and sensor applications.

Product overview

MICRO2NANO is a MEMS-based technology company that develops and manufactures precision components at micro to nano scale using proprietary semiconductor-process-based MEMS technology. The company offers a portfolio of four core products: Probe Card (for semiconductor inspection), Microneedle (for medical injection), V-Groove (for optical fiber alignment), and Pressure Sensor (for automotive brake systems). Additionally, the company provides foundry services for custom process development and manufacturing support in the semiconductor and sensor fields.

Differentiator

Problem solved

Functional benefit

Products and services

• Probe Card A device that connects semiconductor chips on wafers to test equipment to inspect normal operation of semiconductors, including DRAM-specific WFBI Probe Cards. Used by semiconductor manufacturers for wafer-level chip verification and quality testing.
• Microneedle A fine injection probe approximately 60μm in size that enables pain-free drug delivery through a small opening. Developed via Korea-Israel joint technology development for medical and pharmaceutical applications.
• V-Groove A substrate for optical fiber arrays used for precise alignment of various fibers in waveguide devices. Applied in optical communications and photonic systems.
• Pressure Sensor A semiconductor chip that detects brake pressure for the operation of ABS, ESC, and TCS systems in vehicles. Supplied to automotive safety electronics integrators.
• MEMS Foundry & Custom Process Development Services Custom process development and manufacturing support services for semiconductor and sensor applications, providing tailored MEMS manufacturing solutions to customers requiring specialized fabrication.

Named customers1 record

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Korean-Israeli Joint Technology Development ProgramcoreStrategic or Co-development Partner · 1 January 2020Collaborative technology development initiative between Korea and Israel resulting in mass production of MicroNeedle products starting 2020. The partnership enabled development of micro-needle technology for medical/pharmaceutical applications.
• Korea Electronics Technology Institute (전자부품연구원)coreStrategic or Co-development PartnerCollaborative research institute partner for development of next-generation MEMS components including atomic force microscope probes and other precision instruments.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Nidec (Nidec SV TCL / NEP): Through its NEP and probe card subsidiaries, Nidec supplies MEMS probe cards to leading semiconductor manufacturers globally. Closely aligned with Micro2Nano's core probe card offering and end customers.
• FormFactor: Global leader in semiconductor probe cards used for wafer-level testing of DRAM, logic, and SoC devices. Directly comparable to Micro2Nano's Probe Card product line serving memory manufacturers such as SK Hynix.
• Chunghwa Precision Test Technology (CHPT): Taiwanese MEMS probe card vendor serving major foundries and memory makers. Direct competitor to Micro2Nano's probe card business in the Asia-based semiconductor test supply chain.
• Micronics Japan (MJC): Japanese probe card manufacturer specializing in MEMS and vertical-probe cards for memory and logic testing. Comparable to Micro2Nano in probe card technology platform and semiconductor test end market.

Broad incumbents

• Infineon Technologies: Large IDM with a strong automotive sensor franchise, including pressure sensors for braking and chassis systems. Competes with Micro2Nano's pressure sensor product on automotive qualification and Tier 1 supply.
• Sensata Technologies: Major supplier of automotive pressure sensors and other sensing solutions. Directly comparable to Micro2Nano's pressure sensor chip for ABS/ESC/TCS applications.
• Becton, Dickinson and Company (BD): Global medical device leader with significant injection and drug delivery device portfolio, including microneedle and prefillable systems. Overlaps with Micro2Nano's MicroNeedle drug delivery focus.
• STMicroelectronics: Global IDM and broad MEMS sensor supplier producing pressure sensors, microphones, and other MEMS components. Overlaps with Micro2Nano's automotive pressure sensor and broader MEMS product portfolio.
• 3M: Diversified healthcare and industrial conglomerate active in microneedle drug delivery and transdermal systems. Comparable to Micro2Nano's MicroNeedle product line on application and end use.

Others

• Korea Electronics Technology Institute (KETI): Korean government R&D institute focused on electronics and MEMS components. Already a partner of Micro2Nano and representative of the Korea-based MEMS technology ecosystem it competes within.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Micro2Nano