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§ Private Profile · Bochum, Nordrhein-Westfalen, Germany
Developer of analog AI chips using memristor technology for energy-efficient Edge AI processing, mimicking human brain functions.
Founded in 2021 by Dennis Michaelis, Enver Solan, Moritz Schmidt, and Daniel Krüger, GEMESYS operates from Germany's Ruhr region, developing analog AI chips using memristor technology for efficient Edge AI processing. This neuromorphic computing approach mimics human brain functions to train and run AI models directly on edge devices with up to 20,000 times greater efficiency than traditional graphics processors. By eliminating continuous data transmission to centralized data centers, the hardware targets commercial applications in smartphones, hearing implants, and other mobile electronics. To support ongoing research and team expansion, the company has secured over 11,600,000 euros in total funding, which includes a recent 8,600,000 euro pre-seed round. This financial backing comes from prominent investors like Atlantic Labs, Amadeus Apex Technology Fund, NRW Bank, and Sony Innovation Fund, alongside guidance from advisors Christian Wenger and Jamie Urquhart.
GEMESYS has raised $10.0M across 1 funding round.
GEMESYS has raised $10.0M in total across 1 funding round.
GEMESYS has raised $10.0M in total across 1 funding round.
GEMESYS's investors include Amadeus APEX Technology Fund, Atlantic Labs.
GEMESYS has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Pre-Seed in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 19, 2024 | $10M Pre Seed | Amadeus APEX Technology Fund, Atlantic Labs | — | Announced |