4 years ago

Intrinsic Raises £1.35M Seed Funding to Revolutionize Memory Devices with Memristor Technology

  • Intrinsic Semiconductor Technologies Ltd, a UCL spun-out company, has secured £1.35 million in seed funding to develop next-generation memory devices

  • The funding round was led by UCL Technology Fund and IP Group plc

  • Intrinsic's technology aims to disrupt the $60 billion non-volatile memory market by offering superior performance and adhering to low-cost manufacturing techniques

  • The company's memristor technology is based on silicon oxide, making it easier to integrate, faster, and more power-efficient than traditional Flash memory.

    • ProblemTechnology

      "Memory performance is a bottleneck in almost all modern computing applications, limiting the speed and efficiency of everything from smartphones to AI."

      Solution

      "Intrinsic Semiconductor Technologies is developing a new type of computer memory that is faster, more energy-efficient, and easier to integrate than existing technologies, promising significant improvements in device performance and battery life."

      Covered on