Panmesia of Korea, a fabless semiconductor company focused on CXL, has raised $12.5 million in a seed funding round valuing the company at $81.4 million.
Panmnesia s business is focused on developing intellectual property around a technology it calls Compute Express Link (CXL), which allows big data center operators to pool devices such as AI accelerator chips, processors and memory.
A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.
Earable® Neuroscience, a deep tech company that focuses on the neuroscience ecosystem to improve everyday experience, has announced the completion of the investment process from its bridge round by Samsung Ventures at an undisclosed amount on Wednesday.