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TLDR:
- Synthara, a semiconductor provider based in Zurich, Switzerland, raised over USD 11M in funding led by Vsquared Ventures.
- The company will use the funds to introduce its product, ComputeRAM, for embedded computing applications.
Synthara, a Zurich-based semiconductor provider, has secured over USD 11M in funding in a round led by Vsquared Ventures. Other participants in the funding round include OTB Ventures, Hermann Hauser’s Onsight Ventures, Deeptech Labs, High-Tech Gründerfonds, DeepIE, Excellis, ZKB, and Sandeep Raju. Hermann Hauser has also joined the company as an advisor.
The company plans to use the funding to launch its patent-pending product, ComputeRAM, which aims to enable general-purpose embedded chips to address a wide variety of AI-rich applications, ultimately lowering costs and time to market for chipmakers and device manufacturers. Synthara, founded in 2019 as a spin-off from the Institute of Neuroinformatics at ETH Zurich and the University of Zurich by Dr. Manu V. Nair and Dr. Alessandro Aimar, is focused on providing processing systems for communication, IoT, wearable technology, and XR with improved energy efficiency and performance.
Besides venture capital investments, Synthara is also involved in significant European projects like Rebecca, Centric, and Tristan. The company has received substantial funding from Innosuisse and SERI, including a recent CHF 2.5 million Swiss Accelerator grant to advance next-generation edge AI chips.
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