[Funding Alert] Israel-Based RAAAM Memory Technologies Secures $4 Million in Seed Funding

Serpentine Ventures, J-Ventures, Silicon Catalyst Angels, HackCapital, Claves Investments, and a sizable multinational semiconductor manufacturer served as strategic backers. The company plans to use the money to grow both its R&D department and its operations.

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Under the direction of CEO Robert Giterman, RAAAM has created on-chip memory technology that uses half the space and five times less power than high-density SRAM.

Semiconductor firms can use its patented technology to replace SRAM in their SoCs with a drop-in replacement because it can be built cost-effectively using the standard CMOS process, which allows for a significant reduction in die size.

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The corporation was founded in 2021 and has its R&D center in Switzerland and headquarters in Israel.

About RAAAM Memory Technologies

RAAAM Memory Technologies Ltd. offers the most affordable on-chip memory technology available in the semiconductor business. Without requiring any changes to the common CMOS process that is offered by several foundries, RAAAM's silicon-proven Gain-Cell RAM technology combines the density benefits of embedded DRAM with SRAM performance, offering up to 50% area reduction and up to 10X power reduction over high-density SRAM.