ZeroPoint Technologies develops an IP memory compression portfolio designed to deliver real-time, processor- and architecture-agnostic memory compression. The technology is agnostic to data load, processor type, architectures, memory technologies and processing node, and its IP has been proven on a TSMC 5nm node. The company is a spinout from Chalmers University of Technology, founded by Professor Per Stenström and Dr. Angelos Arelakis, and is led by CEO Klas Moreau. ZeroPoint works with industry leaders on product implementation projects and technical evaluations. Following a €5M Series A, the company plans to scale sales of existing products, bring additional hardware-accelerated memory products to market, and grow its teams in Sweden and the United States. The Series A was led by Matterwave Ventures with participation from Industrifonden, Climentum Capital and Chalmers Ventures. ZeroPoint Technologies builds technology that doubles main memory capacity and memory bandwidth by putting unused memory to work, aiming to mitigate memory bottlenecks in high-performance servers. The company says its approach can deliver up to 50% more performance per watt. Its core product targets energy and cost efficiency for data centres by increasing effective memory utilization. CEO Klas Moreau emphasizes enabling high-performance servers that are environmentally friendly. The company plans to expand its international presence and bring a host of new products to market. Recent financing provides capital to support those plans. ZeroPoint Technologies provides a real-time memory-compression IP block for system-on-chip processor subsystems used in servers, smart mobiles, and embedded systems. The IP sits on the memory access path, is invisible to the operating system and applications, and doubles a computer's main memory capacity and memory bandwidth to deliver more performance per watt. The company is a spinout from Chalmers University of Technology and is based in Gothenburg, Sweden. It was founded by Professor Per Stenström and Angelos Arelakis, PhD, and is led by CEO Klas Moreau. ZeroPoint works with industry leaders on product implementation projects and technical evaluations. The company raised €2.5M in Seed funding to scale its business and product efforts. Proceeds will be used to grow its customer base in North America and Asia Pacific, develop new products, and expand its engineering team in Sweden.

Total raised

$12M

Funding rounds

3

Latest round

Series A

Latest activity

May 2024