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Dresden Memory Start-up Ferroelectric Memory Company (FMC) Receives Seed Investment by HTGF

Higher speed, extremely low power: The Ferroelectric Memory Company (FMC) brings a new semiconductor memory to market. The technology revolutionizes how people interact with applications ranging from smart watches to self-driving cars. FMC received a seed investment from HTGF to implement first memory IP products by 2018.

FMC provides the 17B€ microcontroller industry a future-proof memory technology. For non-volatile storage, microcontrollers have been using embedded Flash for many decades. Like Flash, FMC’s technology – called FeFET for Ferroelectric Field Effect Transistor – is based on a single-transistor memory cell. But FeFET offers 1000 times higher write speed, 1000 times lower write power, 10 times lower read power, and read speeds of up to thousands of Megabits per second. The benefits of FeFET range from responsive user interfaces and extended battery life for wearable devices, to high-performance computing solutions for autonomous cars.

FMC is a spin-off from NaMLab, a research institute of Dresden University of Technology. Dr. Stefan Müller, FMC’s co-founder and CEO, says: “In Dresden, the FeFET concept has been researched for more than 10 years. It has been an exciting journey from developing the concept to building the first memory arrays. FMC will now use the HTGF funding to implement first memory IP products. In partnership with manufacturing partners, we target for product qualification in 2018.”

Yann Fiebig, HTGF’s investment manager responsible for FMC, adds: “With the potential to outperform the state of the art by orders of magnitude, FMC could disrupt an entire market. We are excited to be part of that journey.”

About FMC
FMC is the provider of extremely efficient FeFET memory solutions for non-volatile storage. FeFET is ultra-low-power, high-performance, very dense, and extremely temperature stable. It will scale to transistor sizes ranging from 28nm to 5nm and below. The FMC team has been supported by “EXIST Forschungstransfer”, a program of the Federal Ministry for Economic Affairs and Energy. The company is based in Dresden, Germany.

Press contact:
Ferroelectric Memory GmbH
Menno Mennenga
c/o NaMLab gGmbH Nöthnitzer Str. 64
01187 Dresden
Phone +49 173 565 8134

About HTGF
High-Tech Gründerfonds (HTGF) is Germany’s most active seed stage investor. With about EUR 825 million under management in three funds, it provide financing for technology-driven companies active in a wide range of fields, including robotics, IoT and energy, Medtech and Biotech, chemicals and software. Investors in this public-private partnership include the German Federal Ministry of Economics and Energy, the KfW, and strategic corporate investors.

High-Tech Gründerfonds Management GmbH
Yann Fiebig
Schlegelstraße 2
53113 Bonn
Tel.: +49 228 82300 100