Startup Rise EU News’ Post

ICYMI: An overview of global semiconductor-related funding in February 2024, looking at 49 startups that raised over $800 million across quantum tech, photonics and more https://ow.ly/Syg550R0rAC #semiconductors #deeptech #criticaltechnologies #quantum #quantumcomputing

Exciting News in Semiconductor Innovation! Morphing Machines, a pioneering fabless semiconductor startup, has secured a significant milestone with $2.76 million in seed funding! Led by Speciale Invest and joined by IvyCap Ventures Advisors Private Limited, Golden Sparrow, Navam Capital, CIIE Initiatives, and DeVC, this funding round marks a crucial step forward for Morphing Machines. Supported by the Ministry of Electronics and Information Technology (MeitY) under the Design Linked Incentive Scheme (DLI) and Chips2Startup (C2S) schemes, Morphing Machines is set to revolutionize the industry with REDEFINE, a cutting-edge many-core processor Soft IP. This innovative technology promises enhanced performance and energy efficiency across diverse applications like data analysis, AI, telecommunications, and high-performance computing. With plans to expand its engineering team and accelerate product development, Morphing Machines is poised for rapid growth and impact in the semiconductor sector. Stay tuned as Morphing Machines continues to redefine possibilities in semiconductor technology! Read More: https://lnkd.in/gqvCtaB9 #SemiconductorInnovation #StartupFunding #TechNews #AI #HighPerformanceComputing #EnergyEfficiency

91 startups raise $2.6 billion, with big rounds for AI chips. By Jesse Allen. AI drew more investors to the chip industry in Q2. Four AI-focused chip startups receiving rounds of more than $100 million, targeting data center ASICs for transformers, highly flexible platforms for the embedded edge, dataflow processors, and mixed-signal neuromorphic chips. In-memory computing also helped boost AI, with three companies either incorporating it into their chips or providing specialized IP. Ways to connect chiplets, chips, and server racks was another area of activity, with Germany pumping more than $200 million into a graphene-based co-integrated optics system for massively parallel connectivity. Other optical interconnect approaches drew attention, as well, along with a way to make ultra-high density interconnects using liquid metal ink. https://lnkd.in/g2eY6g53 #semiconductor #AIhardware #startups #startupfunding #venturecapital TXOne Networks Black Semiconductor PsiQuantum Rivos Inc. Bright Machines Hailo Etched Blaize DEEPX Frore Systems SiMa.ai Axelera AI Prewave MetisX actnano PQShield Expedera Inc. Rain AI Innatera RaiderChip Liquid Instruments AlixLabs Prewave Thintronics® actnano Synthara AG ZeroPoint Technologies RAAAM™ Memory Technologies MetisX Flow Computing Morphing Machines Niobium Microsystems AMAG nanometro Atom Computing

Tech News Update: Oriole Networks Secures $22 Million in Funding! Exciting news in the tech industry as photonics startup Oriole Networks successfully raises $22 million in funding, marking its second raise this year. Back in March, the company announced a $10 million funding round, highlighting its rapid growth and industry recognition. This significant investment is set to pave the way for Oriole Networks to revolutionize data center operations, with a focus on dramatically reducing power consumption. To learn more about this game-changing development, check out the full article here: https://lnkd.in/eAfYGMHh #DataCentre #TechNews #Photonics #StartupFunding

https://lnkd.in/eW8rh9dY Israeli startup RAAAM Memory Technologies has announced $4 million in seed funding to develop a System-on-Chip (SoC) SRAM replacement. Robert Giterman, RAAAM co-founder and CEO, said in a statement: “RAAAM’s Gain-Cell Random Access Memory (GCRAM) technology is a unique on-chip memory solution that only requires three transistors to store a bit of data, as opposed to 6-8 transistors needed for the existing SRAM-based highest-density memory technology.

Morphing Machines, the cutting-edge fabless semiconductor startup, has just secured $2.76 million in a seed funding round! 🌱💰 🔍 Supported by the Ministry of Electronics & Information Technology (MeitY) under the Design Linked Incentive Scheme (DLI) and @Chips2Startup (C2S) schemes, Morphing Machines is on a mission to redefine semiconductor innovation. Their flagship product, ReDefine, is a many-core processor Soft IP that handles diverse applications like data analysis, artificial intelligence, telecommunications, and high-performance computing. By combining functions typically managed by different processors, Morphing Machines offers customers better performance, energy efficiency, and faster time-to-market. With investors like @Speciale Invest, IvyCap Ventures Advisors Private Limited, and Golden Sparrow, the future looks bright for this tech disruptor! 🙌💡 #MorphingMachines #SeedFunding #FablessChip #TechInnovation #StartupSuccess #Semiconductor #Investment #TechStartup #India #BelieveIndia To read more in detail, click below:👇 https://lnkd.in/gR6RqfGb

Nearly two years ago, the semiconductor industry gained significant attention due to the transformative potential of generative AI and the powerful chips driving it. Nvidia has been the main beneficiary, but several startups are challenging its dominance or exploring other disruptive opportunities. Despite high risks and costs, semiconductor startups could benefit from an expected 20 percent industry growth this year, driven by strong AI chip demand. This creates opportunities for AI chip startups like Kneron, Cerebras Systems, and Hailo to capture some of this projected growth. Kneron CEO 劉峻誠Albert Liu mentioned that the latest low-power KL-830 NPU significantly improves Edge AI performance. #ai #generativeai #npu #lowpower

USD 11 million to unleash in-memory computing: Synthara AG, a spin-off of University of Zurich and ETH Zürich, raises substantial equity financing and grants. Congratulations to the industrious team of founders Manu V Nair and Alessandro Aimar! https://lnkd.in/eBJ8RUvv The round was led by Vsquared Ventures and including OTB Ventures, Onsight Ventures, Deep Tech Labs, and existing investors About: Synthara is making in-memory computing ubiquitous. Its in-memory compute solutions are easy to integrate to a variety of MCU, DSP, FPGA and AI chips. Several companies are actively engaged with Synthara, including Bosch and other market leaders, to create their next generation products. Synthara AG was a member of the Swiss National Startup Team 2021, representing the Venture Leaders Technology in San Francisco. #VLeadersTech #SwissStartups

🚀 Lightium just closed a $7M seed funding round! 🎉 This milestone comes just one year after Lightium's incorporation. But today, it's not just about the funding. It's about celebrating every step, every learning, and every person who has been part of this adventure. 🌟 When we started Lightium, I wasn’t sure what this journey would bring. But one thing I knew for certain: it wouldn’t have started without my cofounder, Amir H. Ghadimi, who convinced me to jump into the cold waters of entrepreneurship. The journey took off in ways I couldn’t have imagined. Techstars Berlin gave us the stage to meet amazing investors and mentors who believed in our vision and pushed us to grow. And let's not forget Innosuisse—their initial support was the spark that set us on this path.💡 But the real MVPs here? My family. ❤️ They’ve seen the late nights, the endless meetings, and the moments of doubt. Building a startup is exhilarating and a test of endurance I have never imagined for everyone involved. I couldn't have made it through this year without their support and patience. This funding isn't just a win for Lightium; it's a validation of the risks we've taken, the team we're building, and the vision we're chasing. To everyone who's been part of this journey—thank you. This success is as much yours as it is ours. Now, it's time to double down, scale up, and continue pushing the boundaries of what's possible in integrated photonics! 💡 Here’s to the next chapter! 🚀 #SeedFunding #StartupJourney #Lightium #IntegratedPhotonics #NextChapter

Rebellions Raises $124 Million to Power Ahead in AI Chip Race-Kate Park South Korean AI chip startup Rebellions has secured $124 million in a Series B funding round, led by KT and featuring participation from Temasek’s Pavilion Capital, Korea Development Bank, Korelya Capital, and DG Daiwa Ventures - GP of DG Lab Fund. The funding will support the development of Rebellions' third AI chip, Rebel, designed for generative AI applications, while also boosting production of its data center-focused chip, Atom. Rebel will be developed in partnership with Samsung Electronics, utilizing its 4-nanometer fabrication process. The investment comes amid increasing competition in the AI chip industry, with major players like NVIDIA and tech giants developing their own AI chips. #Rebellions #AIChip #SeriesBFunding #KT #Temasek #PavilionCapital #KoreaDevelopmentBank #KorelyaCapital #DGDaiwaVentures #GenerativeAI #RebelChip #AtomChip #SamsungElectronics #4nmFabrication #Competition #Nvidia #TechIndustry #AIChipRace