FADU is a fabless startup in the manufacturing and semiconductor industries, with a focus on advancing Flash storage devices. Since its establishment in 2015, the company has been dedicated to developing and deploying a new architecture for SSD controllers and storage products to meet the rapidly increasing data demands placed on enterprise data centers. FADU emphasizes that existing solutions, with their legacy ties to the past, are incapable of meeting both performance and power requirements to support real-time, cloud-based, connected applications. The company's flagship product, the FC3081, is an ASIC for enterprise-grade NVMe SSD controllers targeting the data center market. It is lauded for consuming over 30% less power while delivering unparalleled performance without any thermal, throttling, or power issues. Additionally, FADU offers the BRAVO series of NVMe/PCIe SSDs, designed for data storage in the enterprise data center, and the BRAVO XL SSD, ideal for handling the IO intensive workloads of IMDB, AI, HPC, and real-time analytics applications. FADU recently secured a KRW12.00B Venture Round investment on 28 February 2023 from noteworthy investors, including Company K Partners, Capstone Partners Korea, IBK Capital, and Forest Partners. With a strong focus on reimagining data center storage, FADU's commitment to enhancing performance and power efficiency in storage devices positions it as a promising player in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | KRW12.00B | 4 | 28 Feb 2023 | |
Venture Round | KRW30.00B | - | 01 Apr 2022 | |
Venture Round | Unknown | - | 01 Aug 2021 | |
Series B | KRW20.00B | 1 | Reverent Partners | 31 Oct 2018 |
Series A | KRW13.60B | 1 | KDB Industrial Bank | 31 Oct 2017 |
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