From Dresden to the world

Last Tuesday, Dresden-based storage technology company FMC announced a USD 20 million growth financing round.

The special features of the start-up’s chips are speed and power consumption. Compared to other storage devices, they work faster, consume only a thousandth of the power and can therefore be used more widely – for example in cell phones and computer watches. eCAPITAL, lead investor in the first round, sees the potential in FMC as a new global market leader. Reason enough for Axel Höpner, Munich office manager of Handelsblatt, to talk to Stefan Müller, founder and CTO of FMC, and Paul-Josef Patt, CEO of eCAPITAL. You can find the article here.

About Ferroelectric Memory GmbH (FMC)
FMC has developed the most advanced ferroelectric hafnium oxide memory technology to deliver leading-edge non-volatile memory for future electronics and computing innovation. The company was incorporated in 2016 and is currently working with major semiconductor companies for its embedded and stand-alone memory solution. Its ferroelectric field-effect transistor (FeFET) and capacitor (FeCAP) technology is simple to integrate, fast, low-power, and scalable, and has high endurance with decades of data retention, suitable for a broad range of AI, IoT, edge, data center, and embedded applications.

eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 220 million under management and was lead investor of some very successful German exits like sonnen or Novaled.

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