SK Hynix backs Germany's ferroelectric memory startup: Page 2 of 2

November 17, 2020 //By Peter Clarke
SK Hynix backs Germany's ferroelectric memory startup
Ferroelectric Memory GmbH (Dresden, Germany) has raised $20 million from a mix of strategic and venture capitalists, including SK Hynix Inc.

FMC is planning to go to market with a tiered intellectual property approach. This will include process IP, device IP and design IP.

The road-map has first availability of FeFET memories on 28nm planar CMOS for consumer applications in 2023 followed by IoT and industrial applications and then by automotive applications.

Pourkeramati said it he was pleased with the strategic nature of the investors who had a clear interest in the potential impact of FeFET technology. MVentures is the venture capital arm of Merck, a performance materials company. SK Hynix is leading supplier of memory components and TEL Ventures is the venture capital arm of Tokyo Electron Ltd., one of the largest suppliers of semiconductor manufacturing equipment.

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