Spin Memory develops STT‑MRAM IP and products that aim to provide SRAM‑like speed and endurance for embedded and stand‑alone memory applications. The company positions its technology as a replacement for embedded SRAM and ultimately DRAM in applications across AI, ADAS, 5G, and IoT. Spin Memory recently rebranded from Spin Transfer Technologies to emphasize its shift to offering a full suite of MRAM solutions and an MRAM IP ecosystem. As part of its commercialization push, the company announced commercial agreements with Applied and Arm to create an embedded MRAM solution and to license its Endurance Engine design IP for SRAM applications in SoCs. The company says these collaborations and its funding model are intended to establish MRAM as a mainstream alternative to existing embedded memories.

Total raised

$158M

Funding rounds

3

Latest round

Series B

Latest activity

Nov 2018