ZeroPoint Technologies is a Swedish startup founded in 2016 that aims to revolutionize energy efficiency in the IT and Semiconductor industries. The company's slogan, "ZeroPoint’s technology delivers up to 50% higher performance per watt for Servers and Embedded products," succinctly captures their mission. ZeroPoint addresses the growing energy consumption concerns in the ICT sector by maximizing performance per watt in servers and smart devices. The company's technology achieves up to 50% more performance per watt by removing unnecessary information from microchips in data centers (CPU) and smart devices (SoC). This approach enables data centers to optimize performance and reduce energy consumption, while smart device developers can enhance performance and user experience without compromising battery life. ZeroPoint's unique selling proposition lies in its ability to remove up to 70% unnecessary information from typical memory through ultra-fast data compression, realtime data compaction, and transparent memory management. Their hardware IP block is integrated into customers' SoCs, and the company collaborates with industry-leading companies for product implementation projects targeting the most advanced technology nodes. The company's deep technical knowledge and strong patent portfolio, coupled with the expertise of individuals from academia, industry, finance, and the startup community, position ZeroPoint as a promising player in the field. The recent kr27.22M Series A investment in September 2024, led by Chalmers Ventures AB, signifies growing recognition and support for their innovative approach to energy efficiency in the semiconductor industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | kr27.22M | 1 | Chalmers Ventures AB | 25 Sep 2024 |
Series A | €5.00M | 4 | 23 May 2024 | |
Seed Round | €3.20M | 3 | 07 Feb 2023 | |
Seed Round | $1.70M | 1 | 07 Oct 2022 | |
Seed Round | €2.50M | 2 | 08 Sep 2021 |
Gothenburg: Scandinavia’s Mobility Tech Powerhouse