ZeroPoint Technologies AB closed a EUR 5.0 million Series A led by Matterwave Ventures to scale sales, bring additional hardware-accelerated memory products to the market, and grow the company's existing teams in Sweden and the United States.
ZeroPoint Technologies AB closed a EUR 5.0 million Series A led by Matterwave Ventures to scale sales, bring additional hardware-accelerated memory products to the market, and grow the company's existing teams in Sweden and the United States.
05/23/24, 12:25 PM
Location
göteborgMoney raised
€5 million
Industry
crm
enterprise software
saas
Round Type
series a
Investors
Chalmers Ventures, Climentum Capital, Industrifonden, Matterwave Ventures
ZeroPoint Technologies AB closed a EUR 5.0 million Series A, led by Matterwave Ventures and Industrifonden, for scaling sales of existing products, bringing additional hardware-accelerated memory products to market, and growing the company's existing teams in Sweden and the United States.
Company Info
Location
göteborg, västra götalands län, sweden
Additional Info
ZeroPoint Technologies is a spinout from Chalmers University of Technology in Gothenburg, Sweden, and has over the years developed an impressive IP Portfolio in the memory compression domain. Their patented compression technology is based on 15 years of research. The company was founded by Professor Per Stenström and Dr. Angelos Arelakis, with the vision to deliver the most efficient memory compression available, in real-time, based on state-of-the-art research. Today the company works with industry leaders on product implementation projects and technical evaluations. In April 2024, ZeroPoint joined the Intel Ignite global startup accelerator program for early-stage deep tech startups.