Network-on-chip startup to receive $2 million from government
Peter Clarke, EETimes
(02/03/2005 5:30 AM EST)
LONDON — Arteris SA (Paris, France), a startup developing network on chip (NoC) intellectual property, has been approved to receive 1.5 million euro (about $1.95 million) support from Anvar towards a 4.2 million euro (about $5.5 million) research program. Anvar is a French agency that operates under the aegis of the Ministries of Industry, SMEs and Research.
Arteris said it would use the interest-free loan to expand its research and development efforts and support market introduction of its products.
"This interest-free loan will enable us to accelerate our development efforts and build a strong team to support the technology we are bringing to market," said Alain Fanet, founder, president and CEO of Arteris, in a statement.
The funding follows an initial round of investment totaling 10 million euros (about $13 million) from well-known technology venture capital firms last year and other sources. The company currently has 30 employees in its Paris headquarters.
The Paris-based company was founded by semiconductor industry veterans and is backed by an international set of venture capitalists. Arteris has raised more than $12 million in early funding from an international set of venture capitalists, including Crescendo Ventures, Techno Venture Management and Ventech.
Related Semiconductor IP
- NFC wireless interface supporting ISO14443 A and B with EEPROM on SMIC 180nm
- DDR5 MRDIMM PHY and Controller
- RVA23, Multi-cluster, Hypervisor and Android
- HBM4E PHY and controller
- LZ4/Snappy Data Compressor
Related News
- Intilop's 10G Full TCP Accelerators with Network Security Features IP Core for Altera/Intel FPGAs qualified by major University and Government clients
- IoT Pioneer Wiliot Secures $200 Million Investment Round Led by SoftBank Vision Fund 2
- Dutch AI Semiconductor Startup Axelera AI Launches With $12 Million Seed Round
- VSORA to Receive $13.18 Million in Funding from the European Innovation Council Accelerator Program
Latest News
- CAST Releases First Dual LZ4 and Snappy Lossless Data Compression IP Core
- Arteris Wins “AI Engineering Innovation Award” at the 2025 AI Breakthrough Awards
- SEMI Forecasts 69% Growth in Advanced Chipmaking Capacity Through 2028 Due to AI
- eMemory’s NeoFuse OTP Qualifies on TSMC’s N3P Process, Enabling Secure Memory for Advanced AI and HPC Chips
- AIREV and Tenstorrent Unite to Launch Advanced Agentic AI Stack