Numem Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 31

Employees

  • 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.com
Formerly Known As
NVMEngines
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 440 North Wolfe Road
  • Sunnyvale, CA 94085
  • United States
+1 (408)
Primary Industry
Application Specific Semiconductors
Corporate Office
  • 440 North Wolfe Road
  • Sunnyvale, CA 94085
  • United States
+1 (408)

Numem Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Numem’s complete valuation and funding history, request access »

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%
To view Numem’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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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
To view Numem’s complete patent history, request access »

Numem Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
To view Numem’s complete investors history, request access »

Numem FAQs

  • 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.

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