SOT-MRAM Pioneer Antaios Secures $11M in Funding

Antaios announced on September 16, 2020 that is has secured 11 million dollars in funding to accelerate innovation and develop new strategic partnerships.

Antaios is a start-up founded in 2017 on the basis of a decade of pioneering work carried out at Spintec on SOT-MRAM. Antaios is fully engaged in bringing the SOT-MRAM technology to the market to help chip manufacturers solve the critical issue of exploding power requests in advanced semiconductor systems.

The investments funds are provided by French venture capital 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.

To read more:

Press Release from Antaios
Antaios lève 11 millions pour réduire la consommation de l’électronique
Innovacom entre au capital d’Antaios, la deep tech qui réinvente la mémoire magnétique

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