# Semron

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/semron

- Industry: Electronics
- Headquarters: Dresden, Germany
- Website: www.semron.ai
- Total disclosed funding: $8M
- Latest round: Seed (Dec 15, 2023)
- Investors on record: 4

## About

Based in Dresden, Germany, and founded in 2020 by Chief Executive Officer Aron Kirschen and Chief Technology Officer Kai-Uwe Demasius, Semron GmbH operates as an artificial intelligence-based company specializing in AI chip development for the electronic industry. In January 2024, Semron GmbH raised EUR 7.3 million in seed funding led by Join Capital, with participation from SquareOne, OTB Ventures, and Onsight Ventures.

Semron GmbH manufactures and develops the memcapacitor chip, which is based on artificial intelligence computing to perform multiplications directly where the data resides by leveraging analog in-memory computing. In addition, the firm’s product uses electric fields instead of electronic currents to perform calculations. The company offers CapRAM technology, a semiconductor device that stores weights for matrix multiplication as variable capacitance.

The company plans to use the funding from January 2024 to further develop its artificial intelligence chips for smart devices.

## Funding rounds

- Seed, Dec 15, 2023, $8M — SquareOne, Join Capital, OTB Ventures, Onsight Ventures

## Investors

- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed
- Join Capital — Seed
- OTB Ventures (https://capitalatlas.ai/funds/otb-ventures) — Seed
- Onsight Ventures (https://capitalatlas.ai/funds/onsight-ventures) — Seed
