Yorkshire low-power SRAM IP company attracts investment funding
The funding was secured in part by successful 28nm test chips run in March 2014 that delivered more than 50% power savings versus industry-standard embedded SRAM.
The latest round will fund the company’s planned engineering and production expansion together with commercialisation of the company’s low power, variability tolerant SRAM technology that is currently undergoing evaluation at a number of leading semiconductor companies. Initial funding came from Finance Yorkshire’s Seedcorn Fund, and an innovation award from Innovate UK.
"We have worked very hard to maximise value for all of our stakeholders and have achieved major technology advances in an extremely capital-efficient manner. This funding comes at an ideal time and accelerates our drive to silicon results through our early development partners," explained sureCore CEO, Paul Wells.
By partnering with a number of leading semiconductor companies, sureCore has gained access to advanced silicon processes. SureCore’s partners benefit by gaining early access to world-leading, low power technology essential to success in many mainstream mobile and emerging Internet of Things (IoT) applications.
"By combining its capital-efficient business model with a deeply experienced design team, sureCore has delivered industry-leading innovation in the critical arena of low power, bringing substantial benefits to our customers in the form of extended battery life, better thermal performance and improved reliability," said sureCore’s Chairman, Guillaume D’Eyssautier.
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