Skip to content
High Tech Series B Founded 2015

UPMEM

UPMEM is a semiconductor company that develops processing-in-memory (PIM) solutions designed to boost data-intensive applications in data centers. The company Data Processing Units (DPUs) are integrated directly into DRAM chips, providing faster data access and larger bandwidth than traditional architectures by forming a network of co-processors in a scalable parallel environment. This approach eliminates the memory…

📍 Grenoble, France · AI Infrastructure,

Funding snapshot

Last roundSeries B
Amount$4M
Date12 September 2023
Total raised$8M
Team size3

About

UPMEM is a semiconductor company that develops processing-in-memory (PIM) solutions designed to boost data-intensive applications in data centers. The company Data Processing Units (DPUs) are integrated directly into DRAM chips, providing faster data access and larger bandwidth than traditional architectures by forming a network of co-processors in a scalable parallel environment. This approach eliminates the memory wall bottleneck that limits performance in data-intensive workloads such as AI training, big data analytics, and graph processing. UPMEM plans to scale to thousands of DPUs per server, dramatically increasing memory bandwidth and processing capacity for applications that are constrained by data movement rather than computation. The technology is particularly relevant for AI infrastructure where memory bandwidth is a critical performance factor. Founded in 2015 and headquartered in Grenoble, France, UPMEM has raised approximately $8 million through Series B funding from investors including EIC Fund, Partech Partners, Western Digital, C4 Ventures, and Digital Capital.

Business model

High Performance Computing > Supercomputers,

AI Infrastructure > Enabling Technologies > Hardware > Processors,

Digital ICs > Microprocessors > Parallel Computing

Team background

Company Wise > Boston Consulting Group,

College Wise > INSEAD

Institutional investors

EIC Fund Partech Partners Digital Capital C4 Ventures Credit Agricole Supernova Invest Western Digital Europa SaaS Lander

Latest coverage

No articles yet.

Raising like UPMEM?

Analyze your pitch deck before your next raise.

Analyze My Deck →