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Witmem Technology logo — WITMEM is a leading provider of computing-in-memory chips an...

Witmem Technology

WITMEM is a leading provider of computing-in-memory chips and system solutions.

Founded 2017 China Hangzhou, China 11 employees Series B Total: $500.00M AI, Information Technology +1

General Information

Company Name Witmem Technology
Founded Year 2017
Location China Hangzhou, China
Employees 11
Industries AI, Information Technology, Semiconductor
Funding Stage Series B
Social

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About Witmem Technology

Witmem Technology

Witmem Technology is a pioneering provider of computing-in-memory chips and system solutions. Established in 2017, Witmem focuses on advancing computing-in-memory chips and uses Flash memory innovatively for completing the computing-in-memory of neural networks. This innovative approach addresses the AI storage challenge, enhancing computing efficiency while driving down costs.

The R&D team, led by Dr. Wang Shaodi and Dr. Guo Xinjie, comprises industry experts and scholars with over 10 years of average industrial work experience. Their flagship WTM2101 chip is designed for low-power AIoT applications, capable of executing large-scale deep learning operations with minimal power consumption, especially suitable for intelligent voice and health services in wearable devices. Additionally, the WTM8 series chips cater to 6-48Tops computing power products, ideal for real-time processing of 4K-8K video.

In January 2023, Witmem announced the successful closure of their B2 round of financing, raising CNY200.00M. The company's future goals center around the industrialization of computing-in-memory chips. With its headquarters in Beijing, China, Witmem has accomplished mass production and market applications, solidifying its position as a trailblazer in this field.

For more information, visit their website or check out their content on YouTube.

Industries: Information Technology, Semiconductor Last Investment: CNY200.00M Series B investment at 06 January 2023 Last Investment Investors: SDIC Ventures, LH Ventures, Watere Capital

Business keywords: AI芯片, 存算一体, 存内计算, Computing-in-memory, in-memory computing, Semiconductors, Low power consumption, Deep Learning, Neural Networks, Flash memory, Chip design, IoT applications, Real-time video processing, B2 round financing

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B CNY200.00M 3
SDIC Ventures, LH Ventures +1
06 Jan 2023
Series B CNY200.00M 7
Puhua Capital, LH Ventures +5
26 Jan 2022
Series A CNY100.00M -
06 Aug 2019
Venture Round Undisclosed -
01 Jan 2018

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FAQ About Witmem Technology

WITMEM is a leading provider of computing-in-memory chips and system solutions.
Witmem Technology was founded in 2017.
Witmem Technology is headquartered in Hangzhou, China.
Witmem Technology operates in AI, Information Technology and Semiconductor. Its work centres on AI芯片, 存算一体, 存内计算 and Computing-in-memory.
Witmem Technology has approximately 11 employees.
Witmem Technology has completed 4 funding rounds, raising a total of $500.00M. The latest funding stage is Series B.
Top alternatives and competitors to Witmem Technology include POLYN Technology, Deeplite, DeepCube, Mentium Technologies Inc., Azimuth AI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Witmem Technology and POLYN Technology are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Witmem Technology, https://bouncewatch.com/company/witmem-technology, updated 18 November 2024. When citing, please name BounceWatch and link this page.

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