Zurich-based Synthara raises €10.5 million to expand the embedded computing market
Summary
These high-performance and flexible micro-controller chips can address a broad set of AI-rich applications, thereby lowering costs, and time to market, creating new opportunities for the chipmakers and device makers. Manu V Nair, Co-Founder and CEO of Synthara, said: “With ComputeRAM, we are looking to enable a new breed of feature-rich products that are only limited by the creativity of the developers. This founding round empowers us to work closely with our early adopter community as they develop game-changing chips and devices.” Patrick Tucci, Principal at Vsquared Ventures, commented: “We are about to witness a paradigm shift in computing, with in-memory-computing leading the charge. To continue advancing and fostering innovation, we require high-performance, drop-in solutions such as Synthara’s ComputeRAM.” Karol Szubstarski, Partner at OTB Ventures, added: “The emerging in-memory computing (IMC) paradigm is set to transform the industry, enabling it to bypass the data transfer bottlenecks in conventional chip architectures that affect energy consumption, performance & latency. 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.