Sweden’s ZeroPoint Technologies has raised €2.5 million in a seed funding round. In a nutshell, the deeptech startup has developed a method that doubles a computer’s memory capacity and bandwidth, resulting in significantly more performance per watt. The funding is expected to be used to take several products to market as well as expand the company’s international presence.
Going beyond the nutshell description above, let’s dive into what ZeroPoint really does. Founded in 2016 by Angelos Arelakis and Per Stenstrom, ZeroPoint Technologies is the sole maker of a real-time memory compression IP block for System on Chips (SoC).
Say what now? Right, I too had to read that a few times. I'll explain. What that bit means is that ZeroPoint’s unique method and approach to the computational process can effectively double the traditional bottlenecks: main memory capacity and bandwidth.
Often found on servers, smart mobiles, and embedded systems, with ZeroPoint’s Ziptilion offering on board, systems on chips’ main memory can be compressed by a factor of two to four, not only doubling performance but reducing energy consumption in the process.
The startup’s technology can be integrated with today’s technology, as the IP block is inserted into a memory access path, thereby making it virtually invisible to the operating system and applications. When the data in question is called upon, ZeroPoint’s compression/decompression accelerators go to work and deliver with little to no lag.
ZeroPoint Technologies’ seed round was provided by Nordic VC Industrifonden.
ZeroPoint Technologies CEO Klas Moreau concludes, “Memory bottlenecks are a tremendous challenge for SoC developers, and we mitigate this challenge by doubling main memory capacity and memory bandwidth. Systems with memory compression are environmentally friendly and financially effective. We reduce hardware waste, reduce power consumption, and reduce operating expenses. In short: We deliver more performance per watt.”