We are delighted to share our participation in the € 10.5 million funding round for the Swiss startup Synthara AG! 🚀 Synthara's innovative ComputeRAM technology is setting the stage to become the "Arm of small chips" in the AI era, significantly enhancing devices from wearables to sensors with unmatched efficiency and power. Hermann Hauser, co-founder of Arm, member of the Onsight Ventures Advisory Board and now also advisor to Synthara has remarked: "The seamless integration of in-memory computing into existing chip designs is a game-changer, significantly enhancing capabilities and performance. This advancement is particularly relevant for AI applications, where the need for faster, more efficient processing is paramount". We are eager to see Synthara redefine embedded processing. Huge congratulations to the entire Synthara team on this substantial investment and their continued efforts to transform the AI landscape! This funding round, led by Vsquared Ventures, includes participation from OTB Ventures, Deeptech Labs, and contributions from European and Swiss grants, as well as continued support from existing investors including HTGF | High-Tech Gründerfonds, DeepIE Ventures, Excellis, Zürcher Kantonalbank, and their first investor and supporter, Sandeep Raju.
✨ Big Announcement✨ Synthara has successfully closed over USD 11M in funding. This investment will help bring ComputeRAM™, our product, to market, enabling seamless integration of in-memory computing into existing embedded chips, delivering a 100x boost in speed and energy efficiency, and supporting a wide variety of AI-rich applications. A heartfelt thanks to Vsquared Ventures, OTB Ventures, Onsight Ventures, Deeptech Labs, and Sandeep Raju, our first investor and early believer, along with our existing investors, for supporting our vision. Special appreciation to Kevin Martelli for introducing our CEO/Co-Founder Manu V Nair to Patrick Tucci, Principal at Vsquared. Together, we're creating new opportunities for chipmakers and device makers. We extend our gratitude to our current chairman, Sean Mitchell, for his guidance on our journey and warmly welcome our new board member, Joerg Sperling. Sifted article: https://lnkd.in/eyDG-N9A Start-up Ticker: https://lnkd.in/efeRbCzJ Learn more about our startup: synthara.ai
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Founder at Krushal and Samaaru
1moHermann, thrilled to have you join us! Synthara AG