StartupLanes

Numem Raises Series A Funding Round

Numem Inc., a Sunnyvale, CA-based provider of NuRAM MRAM Memory and SmartMem SOC IP cores and chiplets, raised a Series A funding round of undisclosed amount.

Backers included Cambium Capital and Doorga Capital.

The company intends to use the funds to accelerate the evolution and rollout of its MRAM memory products and its patented SmartMem SOC subsystem.

Led by Jack Guedj, CEO, Numem provides advanced SOC Compute in Memory IP Cores based on its patented NuRAM (MRAM), and SOC IP Cores and chiplets based on its patented, SmartMem technologies. Its IP Cores and chiplets enable customers to reduce system power and speed up time to market for a wide range of applications including IoT/Wearables, AI/Generative AI, Digital Security/Cameras, Autonomous Vehicle and Data Center applications.  

Numem Inc., a Sunnyvale, CA-based provider of NuRAM MRAM Memory and SmartMem SOC IP cores and chiplets, raised a Series A funding round of undisclosed amount. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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