Growth Financing for FMC
Published on in NEWS
The Ferroelectric Memory Company (FMC), an enterprise founded by the cfaed-partner NaMLab gGmbH, announced the closing of a 4.6 million euros growth financing led by eCapital and High-Tech Gründerfonds. The FMC solves one of the most important hardware challenges in the age of Internet-of-Things - cost effective embedded nonvolatile memory solutions for microcontrollers.
With the new capital injection, the FMC is going to expand its team and acquire new measuring instruments aiming at the rapid development of their core technology. The latter one is based on the Ferroelectric Field Effect Transistor (FeFET), which is made of hafnium oxide and can remember data, even when no power is applied.
Congratulations to the FMC and good luck for the future!
Read more about the investment here (in German).