FMC has secured €100 million in funding to commercialize its innovative memory chip technology, aiming to enhance energy efficiency in AI data centers and strengthen Europe's position in the semiconductor industry.

Target Information

FMC is a pioneering semiconductor and memory chip company based in Dresden, established in 2016 to develop a revolutionary memory chip technology. Utilizing thin-film materials, specifically hafnium oxide, FMC has created a new class of memory cells known as the DRAM+ chip, which offers enhanced sustainability, speed, and cost-effectiveness. The technology significantly reduces energy consumption for AI data centers, positioning itself as a leader in Europe's memory chip market.

Recently, FMC successfully completed one of the largest funding rounds in the European semiconductor sector, securing approximately €100 million to accelerate the commercialization of its innovative DRAM+ and 3D-CACHE+ memory chips. This Series-C funding round raised €77 million in equity, primarily led by HV Capital and the DeepTech & Climate Fund (DTCF), alongside €23 million in public funding.

Industry Overview

The semiconductor industry, particularly for memory chips, is critically strategic in today's technology landscape, dominated by players from South Korea, the USA, and Taiwan. China is rapid