# Xenergic

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

- Industry: Electronics
- Headquarters: Lund, Sweden
- Website: www.xenergic.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Sep 25, 2018)
- Investors on record: 3

## About

Xenergic AB develops advanced on-chip memory solutions, enhancing system-on-chip performance and minimizing power consumption for various applications in technology and computing.Founded in 2017, Xenergic AB is based in Lund, Sweden, focusing on innovative memory solutions for the semiconductor sector. The company has pivoted towards providing specialized memory IP solutions tailored to meet the demands of high-performance computing. Founded by Joachim Rodrigues, Xenergic has successfully raised SEK 8 million in Seed funding on September 25, 2018, from investors including ALMI Invest, LU Holding AB, and Quinary Investment.Xenergic specializes in advanced on-chip memory solutions aimed at enhancing system-on-chip (SoC) performance while minimizing power consumption. The company’s primary offerings include High-Speed Low-Power SRAM, Ultra-High Speed SRAM, and High-Speed Turbo Memory, designed for applications in artificial intelligence, Internet of Things (IoT), high-performance computing, mobile devices, and image sensors. These memory solutions are characterized by their ease of integration into existing circuit designs, optimizing power efficiency and delivering uncompromised performance. Xenergic’s products cater to a diverse customer base, including semiconductor manufacturers and technology companies across North America, Europe, and Asia.In the most recent fiscal year 2023, Xenergic reported revenue of SEK 283,651 with an EBITDA of SEK -469,246.6, primarily generated through direct sales of its memory IP solutions to clients in the semiconductor and technology sectors. The company engages in structured agreements where clients license Xenergic’s memory solutions for integration into their products, facilitating a B2B transaction model.Xenergic plans to expand its product offerings, focusing on new memory technologies designed to meet the evolving needs of the technology market. The company aims to enter new geographic regions, including North America and Asia, by late 2024. The SEK 8 million raised in Seed funding in September 2018 will support these initiatives, allowing for the development of new products and facilitating entry into additional markets through strategic partnerships.

## Funding rounds

- Seed, Sep 25, 2018, $0.9M — ALMI Invest, LU Holding AB, Quinary Investment

## Investors

- ALMI Invest — Seed
- LU Holding AB — Seed
- Quinary Investment (https://capitalatlas.ai/funds/quinary-investment) — Seed