NEC backs non-volatile memory startup

January 12, 2021 // By Peter Clarke
NEC backs non-volatile memory startup
NanoBridge Semiconductor Inc. (Tokyo, Japan) has raised series A finance of 130 million yen (about US$1.25 million) from Japan Industrial Partners and NEC.

The company was founded in September 2019 by researchers from NEC with plans to create a conductive bridging type switch or non-volatile memory technology based on the formation of metal connections through insulator material. This is similar to the CBRAM technology brought to market by Adesto Technologies and now owned by Dialog Semiconductor (see Dialog licenses non-volatile memory to GloFo ).

The original research was performed at NEC, which has now transferred intellectual property to NanoBridge. Nanobridge is aiming to develop a range of products for sale into IoT and automotive markets and is aiming for revenues of 5 billion yen (about US$4.8 million) in 2025.

Executives at NanoBridge Semiconductor include cofounder Munehiro Tada, vice president of engineering and CEO Tadahiko Sugibayashi, both previously with NEC.

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