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Intrinsic closes £1.35m seed funding round


Intrinsic closes £1.35m seed funding round
Intrinsic Semiconductor Technologies has announced the close of a £1.35m seed funding round led by investors UCL Technology Fund and IP Group.
The funding is intended to help Intrinsic disrupt the $60bn non-volatile memory market by partnering with semiconductor research foundry, imec in Belgium, to develop prototypes of its proprietary nonvolatile memory devices using industry standard ‘complementary metal oxide semiconductor’ (CMOS) processing on 300mm silicon wafers.
Non-volatile memory is used in a large and ever-increasing range of electronic products. It is the permanent memory used in smartphones, laptops, USB sticks, cameras, SSD hard drives etc. and is based on the technology known as ‘Flash’ memory. ....

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Intrinsic closes £1.35m seed funding round to prototype next generation memory devices


Intrinsic closes £1.35m seed funding round to prototype next generation memory devices
March
22,
2021 – London - Memory innovator Intrinsic Semiconductor Technologies Ltd (“Intrinsic”) has announced the close of a £1.35m seed funding round led by investors UCL Technology Fund and IP Group plc.
The funding will enable Intrinsic to disrupt the $60bn non-volatile memory market by partnering with leading semiconductor research foundry, imec in Belgium, to develop prototypes of its proprietary nonvolatile memory devices using industry standard ‘complementary metal oxide semiconductor’ (CMOS) processing on 300mm silicon wafers.
Memory performance is a limiting factor in nearly all current and emerging computing applications and Intrinsic’s technology will address this through superior performance while adhering to well established and low-cost manufacturing techniques. Non-volatile memory is used in a large and ever-increasing range of electronic prod ....

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Startup Funding: March 2021


Startup Funding: March 2021
Self-driving vehicles revved up investors in March, with two companies receiving over $200M apiece as they prepare for their systems to enter mass production. One focuses on software for passenger vehicles, while the other is looking to autonomous trucks. Both of the companies received investment from automakers, with China’s largest carmaker SAIC joining each of the funding rounds. It was also a good month for startups making chips for AI acceleration, with four companies from seed to Series D stages raising funds. Plus, two companies are looking to shake up the memory and storage space with some unique solutions. This month, we take a look at 24 startups that collectively raised over $1.3B. ....

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