Interesting $44M Series A for MetisX from South Korea! Led by the Jin Kim, one of the youngest VPs ever SKHynix, MetisX is addressing the "von Neumann bottleneck." This limitation occurs where a computer's CPU and memory are separate, communicating through a single, often congested, data channel. MetisX is building a memory solution that leverages CXL (Compute Express Link), which enables high-speed data transfers between the CPU and memory. Why is this crucial? As data demands escalate, current memory systems are increasingly unable to meet these needs efficiently, especially in data centers where operational costs and energy consumption are significant concerns. If you are building a deep-tech Series A startup, please reach out to us at DTCF | DeepTech & Climate Fonds
🚀 Exciting News from MetisX ! 🚀 We're thrilled to announce that MetisX has successfully raised $44 million in Series A funding, bringing our total funding to over $50 million. This significant milestone will accelerate our efforts in revolutionizing computing with our cutting-edge CXL technology-based memory solutions. With plans to launch our inaugural ASIC chip early next year and to expand our presence with a new branch in the US, we are on track to make significant inroads into major datacenters and tech giants. We are excited for what the future holds and are deeply grateful for the ongoing support from our investors and the community. Stay connected for more updates! Yahoo Finance: https://lnkd.in/gNq_r8Sp Korean article(전자신문): https://lnkd.in/g4MWf54P #CXL #Semiconductor #MetisX #Startup #SeriesA #Funding