Tech Company Financing Transactions
ZeroPoint Technologies Funding Round
On 5/23/2024, ZeroPoint Technologies received $5.4 million in Series A funding from Matterwave Ventures, Chalmers Ventures and Climentum Capital.
Transaction Overview
Company Name
Announced On
5/23/2024
Transaction Type
Venture Equity
Amount
$5,400,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to scale sales of existing products, bring additional hardware-accelerated memory products to market, and grow its existing teams in Sweden and the United States.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Falkenbergsgatan 3
Göteborg, 412 85
Sweden
Göteborg, 412 85
Sweden
Phone
Website
Email Address
Overview
Digitalization quickly accelerates energy consumption and is projected to stand for more than one-fifth of global electricity demand by 2030. Maximizing performance per watt in servers and smart devices is critical to breaking the trend.
Management Team
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