Ferroelectric Memory GmbH Raises $20M to Accelerate Memory for AI, IoT, Edge Computing, Data Centers

November 19, 2020

DRESDEN, Germany, Nov. 19, 2020  — Ferroelectric Memory GmbH (FMC), a ferroelectric hafnium oxide technology leader, today announced that it has completed a $20 million Series B funding. The round of financing was led by the new investors M Ventures and imec.xpand, with participation of SK hynix, Robert Bosch Venture Capital, and TEL Venture Capital. The lead investor of Series A eCapital also participated in this round. The new set of investors aims to support FMC throughout the whole semiconductor value chain to bring FMC’s advanced ferroelectric memory technology to market. The company plans to expand its team in Dresden, as well as to start international expansion, including into the US and Asian markets.

“The rise of AI, IoT, Big Data, and 5G are demanding next-generation memory solutions that enable superior speed and ultra-low power consumption, while being compatible with leading-edge CMOS logic processes guaranteeing reduced manufacturing costs,” said Ali Pourkeramati, CEO of FMC. “We have strong interest from customers and development partners for our advantages in fast access, program and erase speed, best-in-class ultra-low energy budget, ease-of-integration into existing manufacturing processes, and low manufacturing costs. This funding will speed up the commercialization of our ferroelectric field-effect transistor (FeFET) and capacitor (FeCAP) technology into exponentially increasing markets in the AI, IoT, embedded memory, and high-performance stand-alone data center sectors.”

FMC has already made significant progress in the development of its non-volatile memory technology promising to offer superior performance compared with state-of-the-art and emerging memory solutions. It is currently working closely with major semiconductor companies, as well as with foundries in the US, Europe, and Asia.

Technological Advantages

FMC’s memory technology uses the ferroelectric properties of crystalline hafnium oxide (HfO2). HfO2 in its amorphous form is already the gate insulator material of every CMOS transistor ranging from planar to FinFET. FMC’s patent-protected technology makes it simple to transform amorphous HfO2 into crystalline ferroelectric HfO2. This way, every standard CMOS transistor and capacitor can be turned into a non-volatile memory cell, a ferroelectric field-effect transistor (FeFET) or capacitor (FeCAP).

In addition to its high speed, ultra-low power, CMOS logic compatibility, reduced manufacturing cost, and extreme temperature stability, FMC’s technology provides complete magnetic immunity and high radiation resistance. FeFETs and FeCAPs can be integrated into CMOS production lines using existing equipment without the need for extra capital expenditures.

About Ferroelectric Memory GmbH (FMC)

FMC has developed the most advanced ferroelectric hafnium oxide memory technology to deliver leading-edge non-volatile memory for future electronics and computing innovation. The company was incorporated in 2016 and is currently working with major semiconductor companies for its embedded and stand-alone memory solution. Its ferroelectric field-effect transistor (FeFET) and capacitor (FeCAP) technology is simple to integrate, fast, low-power, and scalable, and has high endurance with decades of data retention, suitable for a broad range of AI, IoT, edge, data center, and embedded applications.

About M Ventures

M Ventures is the strategic, corporate venture capital arm of Merck. Its mandate is to invest in innovative technologies and products with the potential to significantly impact Merck’s core business areas. From our headquarter in Amsterdam and offices in the US and Israel we invest globally in transformational ideas driven by great entrepreneurs. M Ventures takes an active role in its portfolio companies and teams up with entrepreneurs and co-investors to translate innovation towards commercial success. M Ventures has a significant focus on early stage investing and company creation including the creation of spin-offs to leverage Merck’s science and technology base. Learn more at www.m-ventures.com

About imec.xpand

imec.xpand is an early stage and growth fund with a game-changing approach to turn hardware driven nanotechnology innovation into successful global companies. The fund is independently managed by a team of entrepreneurs, seasoned venture capitalists and business experts and is targeting ambitious tech start-ups where imec knowledge, expertise and infrastructure can play a determining role in the success. For more information about imec.xpand please visit us on www.imecxpand.com.

About SK hynix

SK hynix Inc., headquartered in Korea, is a top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), Flash memory chips (“NAND Flash”) and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

About TEL Venture Capital

TEL Venture strives to leverage the capabilities of our parent Tokyo Electron Ltd — the world’s leading company of semiconductor and flat panel display production equipment — to enable the growth of other foundational technologies — from thin film transistors to nanotechnology. Our approach reflects our understanding of the limitations of both traditional corporate and financial venture capital models. We seek new ways to use our unique resources to transform ideas, talents and technologies into great companies. We are located in Silicon Valley, USA, but we are globally focused since good ideas and fresh perspectives can emerge anywhere.

About Robert Bosch Venture Capital

Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models that are relevant to the above-mentioned areas of business. Additional information is available at: www.rbvc.com

About eCapital

eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 220 million under management and was lead investor of some very successful German exits like sonnen or Novaled.


Source: Ferroelectric Memory GmbH

Subscribe to HPCwire's Weekly Update!

Be the most informed person in the room! Stay ahead of the tech trends with industy updates delivered to you every week!

Q&A with Altair CEO James Scapa, an HPCwire Person to Watch in 2021

May 14, 2021

Chairman, CEO and co-founder of Altair James R. Scapa closed several acquisitions for the company in 2020, including the purchase and integration of Univa and Ellexus. Scapa founded Altair more than 35 years ago with two Read more…

HLRS HPC Helps to Model Muscle Movements

May 13, 2021

The growing scale of HPC is allowing simulation of more and more complex systems at greater detail than ever before, particularly in the biological research spheres. Now, researchers at the University of Stuttgart are le Read more…

Behind the Met Office’s Procurement of a Billion-Dollar Microsoft System

May 13, 2021

The UK’s national weather service, the Met Office, caused shockwaves of curiosity a few weeks ago when it formally announced that its forthcoming billion-dollar supercomputer – expected to be the most powerful weather and climate-focused supercomputer in the world when it launches in 2022... Read more…

AMD, GlobalFoundries Commit to $1.6 Billion Wafer Supply Deal

May 13, 2021

AMD plans to purchase $1.6 billion worth of wafers from GlobalFoundries in the 2022 to 2024 timeframe, the chipmaker revealed today (May 13) in an SEC filing. In the face of global semiconductor shortages and record-high demand, AMD is renegotiating its Wafer Supply Agreement and bumping up capacity. Read more…

Hyperion Offers Snapshot of Quantum Computing Market

May 13, 2021

The nascent quantum computer (QC) market will grow 27 percent annually (CAGR) reaching $830 million in 2024 according to an update provided today by analyst firm Hyperion Research at the HPC User Forum being held this we Read more…

AWS Solution Channel

Numerical weather prediction on AWS Graviton2

The Weather Research and Forecasting (WRF) model is a numerical weather prediction (NWP) system designed to serve both atmospheric research and operational forecasting needs. Read more…

Hyperion: HPC Server Market Ekes 1 Percent Gain in 2020, Storage Poised for ‘Tipping Point’

May 12, 2021

The HPC User Forum meeting taking place virtually this week (May 11-13) kicked off with Hyperion Research’s market update, covering the 2020 period. Although the HPC server market had been facing a 6.7 percent COVID-re Read more…

Behind the Met Office’s Procurement of a Billion-Dollar Microsoft System

May 13, 2021

The UK’s national weather service, the Met Office, caused shockwaves of curiosity a few weeks ago when it formally announced that its forthcoming billion-dollar supercomputer – expected to be the most powerful weather and climate-focused supercomputer in the world when it launches in 2022... Read more…

AMD, GlobalFoundries Commit to $1.6 Billion Wafer Supply Deal

May 13, 2021

AMD plans to purchase $1.6 billion worth of wafers from GlobalFoundries in the 2022 to 2024 timeframe, the chipmaker revealed today (May 13) in an SEC filing. In the face of global semiconductor shortages and record-high demand, AMD is renegotiating its Wafer Supply Agreement and bumping up capacity. Read more…

Hyperion Offers Snapshot of Quantum Computing Market

May 13, 2021

The nascent quantum computer (QC) market will grow 27 percent annually (CAGR) reaching $830 million in 2024 according to an update provided today by analyst fir Read more…

Hyperion: HPC Server Market Ekes 1 Percent Gain in 2020, Storage Poised for ‘Tipping Point’

May 12, 2021

The HPC User Forum meeting taking place virtually this week (May 11-13) kicked off with Hyperion Research’s market update, covering the 2020 period. Although Read more…

IBM Debuts Qiskit Runtime for Quantum Computing; Reports Dramatic Speed-up

May 11, 2021

In conjunction with its virtual Think event, IBM today introduced an enhanced Qiskit Runtime Software for quantum computing, which it says demonstrated 120x spe Read more…

AMD Chipmaker TSMC to Use AMD Chips for Chipmaking

May 8, 2021

TSMC has tapped AMD to support its major manufacturing and R&D workloads. AMD will provide its Epyc Rome 7702P CPUs – with 64 cores operating at a base cl Read more…

Fast Pass Through (Some of) the Quantum Landscape with ORNL’s Raphael Pooser

May 7, 2021

In a rather remarkable way, and despite the frequent hype, the behind-the-scenes work of developing quantum computing has dramatically accelerated in the past f Read more…

IBM Research Debuts 2nm Test Chip with 50 Billion Transistors

May 6, 2021

IBM Research today announced the successful prototyping of the world's first 2 nanometer chip, fabricated with silicon nanosheet technology on a standard 300mm Read more…

AMD Chipmaker TSMC to Use AMD Chips for Chipmaking

May 8, 2021

TSMC has tapped AMD to support its major manufacturing and R&D workloads. AMD will provide its Epyc Rome 7702P CPUs – with 64 cores operating at a base cl Read more…

Intel Launches 10nm ‘Ice Lake’ Datacenter CPU with Up to 40 Cores

April 6, 2021

The wait is over. Today Intel officially launched its 10nm datacenter CPU, the third-generation Intel Xeon Scalable processor, codenamed Ice Lake. With up to 40 Read more…

Julia Update: Adoption Keeps Climbing; Is It a Python Challenger?

January 13, 2021

The rapid adoption of Julia, the open source, high level programing language with roots at MIT, shows no sign of slowing according to data from Julialang.org. I Read more…

CERN Is Betting Big on Exascale

April 1, 2021

The European Organization for Nuclear Research (CERN) involves 23 countries, 15,000 researchers, billions of dollars a year, and the biggest machine in the worl Read more…

HPE Launches Storage Line Loaded with IBM’s Spectrum Scale File System

April 6, 2021

HPE today launched a new family of storage solutions bundled with IBM’s Spectrum Scale Erasure Code Edition parallel file system (description below) and featu Read more…

10nm, 7nm, 5nm…. Should the Chip Nanometer Metric Be Replaced?

June 1, 2020

The biggest cool factor in server chips is the nanometer. AMD beating Intel to a CPU built on a 7nm process node* – with 5nm and 3nm on the way – has been i Read more…

Saudi Aramco Unveils Dammam 7, Its New Top Ten Supercomputer

January 21, 2021

By revenue, oil and gas giant Saudi Aramco is one of the largest companies in the world, and it has historically employed commensurate amounts of supercomputing Read more…

Quantum Computer Start-up IonQ Plans IPO via SPAC

March 8, 2021

IonQ, a Maryland-based quantum computing start-up working with ion trap technology, plans to go public via a Special Purpose Acquisition Company (SPAC) merger a Read more…

Leading Solution Providers

Contributors

AMD Launches Epyc ‘Milan’ with 19 SKUs for HPC, Enterprise and Hyperscale

March 15, 2021

At a virtual launch event held today (Monday), AMD revealed its third-generation Epyc “Milan” CPU lineup: a set of 19 SKUs -- including the flagship 64-core, 280-watt 7763 part --  aimed at HPC, enterprise and cloud workloads. Notably, the third-gen Epyc Milan chips achieve 19 percent... Read more…

Can Deep Learning Replace Numerical Weather Prediction?

March 3, 2021

Numerical weather prediction (NWP) is a mainstay of supercomputing. Some of the first applications of the first supercomputers dealt with climate modeling, and Read more…

Livermore’s El Capitan Supercomputer to Debut HPE ‘Rabbit’ Near Node Local Storage

February 18, 2021

A near node local storage innovation called Rabbit factored heavily into Lawrence Livermore National Laboratory’s decision to select Cray’s proposal for its CORAL-2 machine, the lab’s first exascale-class supercomputer, El Capitan. Details of this new storage technology were revealed... Read more…

African Supercomputing Center Inaugurates ‘Toubkal,’ Most Powerful Supercomputer on the Continent

February 25, 2021

Historically, Africa hasn’t exactly been synonymous with supercomputing. There are only a handful of supercomputers on the continent, with few ranking on the Read more…

GTC21: Nvidia Launches cuQuantum; Dips a Toe in Quantum Computing

April 13, 2021

Yesterday Nvidia officially dipped a toe into quantum computing with the launch of cuQuantum SDK, a development platform for simulating quantum circuits on GPU-accelerated systems. As Nvidia CEO Jensen Huang emphasized in his keynote, Nvidia doesn’t plan to build... Read more…

New Deep Learning Algorithm Solves Rubik’s Cube

July 25, 2018

Solving (and attempting to solve) Rubik’s Cube has delighted millions of puzzle lovers since 1974 when the cube was invented by Hungarian sculptor and archite Read more…

The History of Supercomputing vs. COVID-19

March 9, 2021

The COVID-19 pandemic poses a greater challenge to the high-performance computing community than any before. HPCwire's coverage of the supercomputing response t Read more…

Microsoft to Provide World’s Most Powerful Weather & Climate Supercomputer for UK’s Met Office

April 22, 2021

More than 14 months ago, the UK government announced plans to invest £1.2 billion ($1.56 billion) into weather and climate supercomputing, including procuremen Read more…

  • arrow
  • Click Here for More Headlines
  • arrow
HPCwire