ZeroPoint Technologies (Series A)
Funding Details
Awarder
SemiNews
Date Award
July 10, 2024
Vertical
Hardware-Accelerated Memory Compression
Funding URL
View Funding Page
Funding Amount
$5,000,000
Company Info
Traction
ZeroPoint Technologies has customers including major semiconductor companies and leading hyperscalers like Meta and Google. Their technology has been proven to increase memory capacity by 2-4x and deliver significant performance improvements.
Organizations Involved
Not specified in the memo
Founders
Professor Per Stenström, Dr. Angelos Arelakis
Market
Data Centers, Smart Devices
Location
Gothenburg, Sweden
Coinvestors
Matterwave Ventures, Industrifonden, Climentum Capital, Chalmers Ventures
Company Description

ZeroPoint Technologies AB specializes in hardware-accelerated memory compression technology. Their products aim to address memory bottlenecks faced by data center operators and semiconductor companies. By offering hardware-based compression technologies related to CXL-connected memory, ZeroPoint Technologies targets improved performance and resource efficiency.

Links
Website
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