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104 Germany’s FMC lands €100 million as Europe pushes to reduce reliance on US and Asian memory suppliers

EU-Startups
David Cendon Garcia @ EU-Startups 2 place · today 08:03 EDT

Germany’s FMC lands €100 million as Europe pushes to reduce reliance on US and Asian memory suppliers

Dresden-based semiconductor innovator FMC has raised €100 million to reduces the energy demand of AI data centres with its sustainable and cost-efficient memory chip – ranking among the largest raise of its kind in the semiconductor industry. The €77 million in equity comes from FMC’s oversubscribed Series C financing round, led by HV Capital and ...

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