# Intrinsic Semiconductor Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/intrinsic-semiconductor-technologies

- Industry: Semiconductors
- Headquarters: London, UK
- Website: www.intrinsicsemi.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Dec 15, 2020)
- Investors on record: 2

## About

Based in London, UK, and founded in 2017, Intrinsic Semiconductor Technologies Ltd is a UCL spinout company that develops and commercializes silicon-based Resistive Random-Access Memory (RRAM) devices by partnering with Imec, a Belgium-based semiconductor research foundry with R&D facilities. In March 2023, Intrinsic Semiconductor Technologies Ltd raised GBP 7 million in venture funding led by new investor Octopus Ventures, with participation from returning investors IP Group and Albion Capital.  The company was founded by Tony Kenyon, and Dr. Adnan Mehonic, and is led by its CEO, Dr. Mark Dickinson as of July 2022.

Intrinsic develops embedded non-volatile memory devices or memristors called ReRAM or RRAM, that can be integrated into standard CMOS (complementary metal oxide semiconductors) digital logic devices, resulting in enhanced memory performance, and reduced power consumption and production costs. The company’s products are manufactured using silicon oxide, the same material that is used in CMOS chips. Intrinsic’s memory devices can be used in microcontrollers, the Internet of Things (IoT), and other Artificial Intelligence (AI) applications.

The company intends to use the March 2023 funding to expand its engineering team to bring its product to market.

## Funding rounds

- Seed, Dec 15, 2020, $1.8M — Albion Capital, Longview Innovation

## Investors

- Albion Capital — Seed
- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed