Gothenburg-based InfiniNode Technologies has secured €2 million in a combination of investment and grant funding to accelerate the development of its semiconductor IP for next-generation compute systems. The round was backed by Nordic deep-tech investors Turbine Capital, PSV Hafnium, Norrsken Evolve, Chalmers Ventures and Almi Invest, alongside public innovation funding. A spin-out from Chalmers University of Technology, InfiniNode develops licensable interconnect and memory-subsystem technologies that improve data movement between processors, accelerators and memory in RISC-V, multicore and chiplet-based System-on-Chip (SoC) designs for AI and high-performance computing applications. The company will use the new funding to expand its semiconductor IP portfolio, strengthen customer engagements and scale its commercial operations.
As heterogeneous and chiplet-based designs continue to evolve, efficient movement of data has become one of the defining challenges in modern systems. Scalable, low-latency and energy-efficient communication between processors, accelerators and memory is now essential to deliver the performance and efficiency required by next-generation System-on-Chip (SoC) designs.
“The performance and energy efficiency of future compute systems will increasingly be determined by how efficiently data moves between processors, accelerators and memory. Our mission is to enable efficient data movement in future compute systems. This financing allows us to accelerate our technology roadmap, strengthen customer collaborations and expand our semiconductor IP portfolio,” says Patrik Millsjö, Chief Executive Officer, InfiniNode.
InfiniNode develops licensable semiconductor IP that enables efficient communication across modern compute architectures, helping improve system scalability, performance and energy efficiency while reducing design complexity of SoCs.
“Infininode addresses one of the most important challenges in modern AI infrastructure: delivering scalable, energy-efficient computing without compromising performance. We were impressed not only by the team’s technical depth but also by their ability to translate groundbreaking research into a commercially compelling solution. We look forward to supporting the company as it scales globally,” states Anders Ösund, Managing Partner, Turbine Capital.
“This investment demonstrates the strength of Nordic collaboration in deep technology. By bringing together investors from across the region, we can help companies like InfiniNode transform world-class research into globally competitive semiconductor businesses. We are pleased to support Patrik and the team on that journey,” says Jakob Rybak-Andersen, Managing Partner, PSV Hafnium.
Read the orginal article: https://arcticstartup.com/infininode-raises-e2m/
