RAAAM Memory Technologies: $4 Million Raised To Develop Solutions For Implementing On-Chip Memory

RAAAM Memory Technologies: $4 Million Raised To Develop Solutions For Implementing On-Chip Memory

RAM Memory Technologies, a company that invented a solution to implement on-chip memory, announced that it had completed a Seed financing round of $4 million. The investors in this round include Serpentine Ventures, J-Ventures, HackCapital, Silicon Catalyst Angels, Claves Investments, and a large multi-national semiconductor company as a strategic investor.


The memory bottleneck has become a significant concern in modern Systems-on-a-Chip (SoC) since the size of on-chip embedded memory continues increasing, reaching up to 75% of the total SoC real estate in applications like AI/ML. However, the industry standard Static Random Access Memory (SRAM) technology is area-inefficient and has faced significant scaling difficulties in modern process technologies below 10nm.


RAAAM was launched by four Ph. D.s from Bar-Ilan University and the Swiss Federal Institute of Technology Lausanne (EPFL) who specialize in Very Large-Scale Integration (VLSI) design. The also company utilizes know-how gained over many years of research.


KEY QUOTES:


“RAAAM’s Gain-Cell Random Access Memory (GCRAM) technology is a unique on-chip memory solution that only requires 3 transistors to store a bit of data, as opposed to 6-8 transistors needed for the existing SRAM-based highest-density memory technology. The GCRAM solution reduces area by half and power consumption by a factor of five and can be manufactured cost-efficiently using the standard CMOS process. Our GCRAM technology was successfully validated on silicon in various nodes including Bulk CMOS, FD-SOI, and FinFET processes of leading foundries. RAAAM currently aims to migrate its GCRAM memory technology to nodes smaller than 5nm and to fully qualify it for production according to the industry standards.”


– Robert Giterman, RAAAM Co-Founder and CEO


“RAAAM, led by an exceptional founding team, is introducing a new on-chip memory category, transforming the silicon industry with a novel approach to higher density and lower power chips.”


– Michael Stucky, CIO at Serpentine Ventures


“RAAAM’s innovative memory technology promises to significantly alleviate the memory bottleneck by reducing off-chip memory accesses through increased on-chip storage at no additional cost.”


– Ram Ofir, who will join RAAAM’s board of directors, representing J-Ventures