Gemesys Raises €8.6M in Pre-Seed Funding to Advance AI Chip Innovation
Gemesys is focused on creating cutting-edge AI chips that improve the efficiency and capabilities of Edge AI.
Company Name: Gemesys
Location: Bochum, Germany
Industry: AI Chips
Funding Details:
The company raised €8.6M in Pre-Seed funding. The round was led by Amadeus APEX Technology Fund and Atlantic Labs, with participation from NRW.BANK, Sony Innovation Fund, and Plug and Play Tech Center. Grant funding from the German government complemented the round.
Purpose of Investment:
The funds will accelerate research and development efforts and enable team expansion to advance Gemesys' novel chip architecture.
Leadership:
Gemesys was founded by Dr. Dennis Michaelis, Dr. Enver Solan, Moritz Schmidt, and Daniel Krüger as a spin-off from Ruhr-University Bochum in Germany.
Product:
Gemesys develops AI chips based on memristors, innovative electronic components that allow for highly efficient neural network processing. The technology is designed for on-device training and inference, unlocking new use cases for Edge AI applications.
About the Company:
With a team of 19 members, Gemesys is focused on creating cutting-edge AI chips that improve the efficiency and capabilities of Edge AI. Their groundbreaking memristor-based architecture positions them at the forefront of AI chip development.
