Author: EIS Release Date: Sep 25, 2020
Antaios, a SOT-MRAM (Spin-Orbit Torque Magnetic Random-Access Memory) startup, has secured $11 million to accelerate innovation and develop new strategic partnerships.
The investment comes from technology funds focused on identifying and fostering promising, fast-growth, early-stage technology companies.
It is led by French VC firms Innovacom and Sofimac Innovation, together with Silicon Valley-based Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc.
Additional financing also comes from Bpifrance (French public Investment Bank) and other bank partners.
By enabling simultaneously high operating speed and infinite read/write endurance, SOT has the potential to replace both embedded Non-Volatile Memory (e.g. NOR-Flash) and embedded cache (e.g. SRAM) in microcontrollers, microprocessors and System-on-Chip designs.
SOT could be the next generation MRAM, beyond Spin-Transfer Torque (STT) which is currently ramping up at semiconductor foundries.
SOT can be implemented on STT-MRAM manufacturing lines, therein supporting a quick market deployment.