2 years ago
Intrinsic Semiconductor Technologies Raises £7 Million for Faster RAM Technology
Intrinsic Semiconductor Technologies, a UCL spinout, has secured £7 million in funding led by Octopus Ventures
The company develops non-volatile memory technology using resistive random-access memory (RRAM), offering significantly faster read and write speeds compared to traditional memory technologies
The funding will be used to grow the company's engineering team and further develop its memory technology.
ProblemTechnology
"Memory technology has struggled to keep pace with processor innovation, limiting the speed and efficiency of computing devices, particularly in data-intensive applications."
Solution
"Intrinsic Semiconductor Technologies offers silicon-oxide RRAM memory that achieves significantly faster read and write speeds at a lower cost, addressing the bottleneck in memory performance and enabling the next generation of high-performance computing devices."