Synthara, a Zurich, Switzerland-based semiconductor provider, raised over USD 11M in funding.
The round was led by Vsquared Ventures, with participation from OTB Ventures, Hermann Hauser’s Onsight Ventures, Deeptech Labs, High-Tech Gründerfonds, DeepIE, Excellis, ZKB and Sandeep Raju. Hermann Hauser also joined the company as an advisor.
The company intends to use the funds to introduce its patent-pending product, ComputeRAM, to embedded computing applications.
Founded in 2019 as a spin-off from the Institute of Neuroinformatics at ETH Zurich and the University of Zurich, by Dr. Manu V. Nair and Dr. Alessandro Aimar, Synthara is advancing ComputeRAMTM, which enables general-purpose embedded chips to address a wide variety of AI-rich applications, lowering costs and time to market and creating new opportunities for chipmakers and device makers. It provides processing systems for communication, IoT, wearable and XR have energy-efficiency and performance requirements.
In addition to venture capital, Synthara is involved in several significant European projects, such as Rebecca, Centric, and Tristan. The company has also secured substantial funding from Innosuisse and SERI, including a recent CHF 2.5 million Swiss Accelerator grant to advance next-generation edge AI chips.
FinSMEs
27/06/2024