Floadia develops and licenses embedded non-volatile flash memory IP cores used in microcontrollers, power semiconductors, sensors and other chips. Its technology reportedly consumes only 1/1,000,000 of the power required to write and erase data versus competitors, offers strong high-temperature tolerance, and adds only one-third of the additional integration cost. Its first flash IP, “G1,” is deployed in automotive microcontrollers by domestic semiconductor manufacturers and has been adopted by a Taiwanese foundry for smartphone components. Founded in 2011 by engineers with long experience at Hitachi and Renesas, the company focuses on ultra-low-power memory technology. Floadia plans to use the new funding to strengthen sales of its embedded flash IP to semiconductor manufacturers and to advance development of ultra-low-power AI accelerator chips that utilize its flash memory devices. The company has raised a cumulative total of approximately ¥4.95 billion to date. Floadia develops embedded non-volatile memory IP and the associated manufacturing processes and circuit designs that enable integration into microcontrollers, power semiconductors, sensors and other semiconductor devices. Its memories reduce power consumption and cost, offer auto-grade heat endurance, and can be embedded without changing existing IP designs to ease analog/digital integration. Floadia's technology has been adopted in in-vehicle microcomputers and Toshiba microcontrollers and is used for smartphone components produced by Taiwanese foundries. The company is working with major foundries to transplant its technology onto the 130nm BCD Plus platform and planned mass production from early 2021. Founded in 2011 by engineers who left Renesas Electronics, Floadia is based in Kodaira-shi, Tokyo. Financially, the company raised approximately ¥1.2 billion in its Series C and has raised about ¥3.6 billion in total to date. Floadia Corporation develops embedded flash memory IP, licensing manufacturing process know-how and circuit designs for embedded non-volatile memory production. Founded in 2011 by engineers from Renesas Electronics and led by President Kosuke Okuyama, the company is based in Tokyo, Japan. Its core product is embedded flash memory IP intended for integration into semiconductor manufacturing. Floadia plans to use the new funds to expand its embedded flash IP business into automotive, low-cost IoT and mobile device markets. Financially, the company closed a ¥1.6 billion (approx. US$14.5M) Series B and had previously raised ¥800 million (US$7.3M) in a 2015 Series A. The business model centers on licensing IP to enable customers to produce embedded non-volatile memory.

Total raised

$34M

Funding rounds

4

Latest round

Series D

Latest activity

Oct 2023