Numem Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
31
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$5.92M
- Investors
-
4
Numem General Information
Description
Developer of high-efficiency memory products intended for artificial intelligence systems. The company utilizes patented magnetoresistive random-access memory technology to provide intellectual property cores and chiplets, enabling semiconductor designers to reduce power consumption across edge devices, automotive systems, and data centers.
Contact Information
Website
www.numem.comCorporate Office
- 440 North Wolfe Road
- Sunnyvale, CA 94085
- United States
Corporate Office
- 440 North Wolfe Road
- Sunnyvale, CA 94085
- United States
Numem Timeline
Numem Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 27-Oct-2026 | $5.92M | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 04-Sep-2024 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 07-Sep-2023 | $4M | $13.3M | Completed | Generating Revenue | |
| 1. Later Stage VC (Series A) | 09-Jan-2023 | $9.3M | $9.3M | Completed | Generating Revenue |
Numem Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 6,830,886 | $0.000010 | $0.01 | $0.22 | $0.22 | 1x | $0.22 | 13.56% |
| Series A-1 | 8,588,262 | $0.000010 | $0.02 | $0.58 | $0.58 | 1x | $0.58 | 14.66% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Numem Patents
Numem Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240420761-A1 | Endurance, power, and performance improvement logic for a memory array | Pending | 13-Jun-2023 | ||
| WO-2024258727-A2 | Endurance, power, and performance improvement logic for a memory array | Inactive | 13-Jun-2023 | ||
| WO-2024258727-A3 | Endurance, power, and performance improvement logic for a memory array | Inactive | 13-Jun-2023 | ||
| US-11443802-B2 | Adaptive memory management and control circuitry | Active | 09-Jul-2020 | ||
| US-11901000-B2 | Adaptive memory management and control circuitry | Active | 09-Jul-2020 | G11C13/004 |
Numem Signals
Numem Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Plug and Play | Accelerator/Incubator | |||
| Maan Ventures | Venture Capital | Minority | ||
| Cambium Capital Management | Venture Capital | Minority | ||
| Doorga Capital | Venture Capital | Minority |
Numem FAQs
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When was Numem founded?
Numem was founded in 2016.
-
Where is Numem headquartered?
Numem is headquartered in Sunnyvale, CA.
-
What is the size of Numem?
Numem has 31 total employees.
-
What industry is Numem in?
Numem’s primary industry is Application Specific Semiconductors.
-
Is Numem a private or public company?
Numem is a Private company.
-
What is Numem’s current revenue?
The current revenue for Numem is .
-
How much funding has Numem raised over time?
Numem has raised $19.3M.
-
Who are Numem’s investors?
Plug and Play, Maan Ventures, Cambium Capital Management, and Doorga Capital have invested in Numem.
Data Transparency
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