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Co-created by Kai-Uwe Demasius and Aron Kirschen, engineering graduates from the Dresden University of Technology, Semron's chips use electrical fields to perform calculations instead of electrical currents -- the medium of conventional processors. This enables the chips to achieve higher energy efficiency while keeping the fabrication costs to produce them down, Kirschen claims. "Due to an expected shortage in AI compute resources, many companies with a business model that rely on a...

Semron has raised $7.9 million (7.3 million euros) for AI chips with 3D packaging for mobile devices.

Semron, a German startup founded by Dresden University alumni, pioneers 3D-scaled AI chips using memcapacitors, promising energy-efficient, cost-effective AI on mobile devices.

The company has renegotiated more than 500 of its leases, and is working on doing so with another 400.

IPRally, a Finnish startup building a knowledge graph-based patent search engine, has raised €10 million in a Series A round of funding.

Investegate announcements from Forward Partners Grp, Portfolio Update

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

The round was co-led by Join Capital and Spintop Ventures,  with participation from previous investor Icebreaker.vc. “I have filed over 20 patents myself, so I have first-hand experience of the inefficiencies in the patent system. The IPRally AI-based approach is the way to go, disrupting an industry that hasn’t changed much for the past 100 years,” said Sami Niemi, partner at Spintop Ventures. IPRally says it enables Intellectual Property professionals as well as R&D engineers to intuit...