RAAAM Memory Technologies Secures 5.25M€ from the European Innovation Council for its Groundbreaking On-Chip Memory Solution
Petach Tikva, Israel July 29, 2024 – RAAAM Memory Technologies, a start-up company that invented a groundbreaking solution to implement on-chip memory, announced today that it has been awarded with 5.25M€ from the European Innovation Council (EIC). The finances will be awarded via an initial grant component from the EIC Accelerator of 2.5M€ with a future equity investment component of 2.75M€ through the EIC Fund.
“We are proud to be one of the 68 companies chosen from 969 from 17 different countries. Beyond the financial contribution, this funding is an important validation of our technology” said Robert Giterman, RAAAM’s Co-Founder and CEO.
About RAAAM Memory Technologies
RAAAM‘s GCRAM is the most cost-effective on-chip memory technology in the semiconductor industry, providing up-to 50% silicon area reduction and up-to 10X reduced power consumption over SRAM, and it is fully compatible with the standard CMOS fabrication flow, requiring no additional process steps or cost.
RAAAM‘s patented technology enables the extension of Moore’s Law for on-chip memories and can be used by semiconductor companies as a drop-in replacement for SRAM in their chips.
Founded in 2021, the company is headquartered in Israel with R&D center in Switzerland.
Related Semiconductor IP
- Flexible Pixel Processor Video IP
- Bluetooth Low Energy 6.0 Digital IP
- MIPI SWI3S Manager Core IP
- Ultra-low power high dynamic range image sensor
- Neural Video Processor IP
Related News
- QuantWare awarded €7.5M from the European Innovation Council to rapidly scale superconducting quantum processors
- Crypto Quantique Selected for European Innovation Council (EIC) Grant Funding
- VSORA to Receive $13.18 Million in Funding from the European Innovation Council Accelerator Program
- RAAAM Memory Technologies Closes $4M Seed Round to Commercialize Super Cost Effective On-Chip Memory Solutions
Latest News
- Cyient Semiconductors Enters Strategic Channel Partnership with GlobalFoundries
- Aion Silicon Successfully Completes ISO 9001 and ISO/IEC 27001 Surveillance Audit, Strengthening Commitment to Quality and Security
- Baya Systems Awarded Globally Recognized ISO 9001:2015 Certification for Quality Management by TÜV Rheinland
- Si2 Announces Creation of the Si2 LLM Benchmarking Coalition
- Qualitas Semiconductor Signs Licensing Agreement with Chinese SoC Company for DSI-2 Controller and MIPI PHY IP