About GEMESYS
GEMESYS is a Technology company based in Bochum (Germany) founded in 2021 by Moritz Schmidt. It operates as an AI hardware chips are developed to mimic the human brain. GEMESYS has raised $9.08 million across 2 funding rounds from investors including Plug and Play Tech Center, NRW.Bank and Sony Innovation Fund. Its chief executive is Dennis Michaelis. GEMESYS offers products and services including AI Chip. Its focus areas include High Tech, Edge Computing, Edge AI Processors and Neurormorphic. Its legal entity is GEMESYS GmbH. Its competitors include Kneron, MediaTek, Hailo, Innatera and Lightelligence and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
GEMESYS was founded in 2021 in Bochum, Germany, and operates in the AI hardware sector. Chips are designed to emulate human brain functions, addressing computing bottlenecks for artificial intelligence applications. Low power consumption is prioritized, enabling deployment on mobile devices. Core activities focus on hardware innovation for efficient AI processing, with leadership provided by co-founder Moritz Schmidt and CEO Dennis Michaelis.
- Headquarters Bochum, Germany
- Founders Moritz Schmidt
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website gemesys.tech
- Social LinkedIn
- Legal Name Gemesys Gmbh
- Total Equity Funding$9.08M (USD)
in 2 rounds
- Latest Funding Round$9.08M (USD), Seed
Nov 2024
- InvestorsPlug and Play Tech Center
& 5 more
Products & Services of GEMESYS
GEMESYS offers a comprehensive portfolio of products and services, including AI Chip.
Provides efficient analog processing for AI training at the edge.
Funding Insights of GEMESYS
GEMESYS has successfully raised a total of $9.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $9.08 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.08M
- Total Rounds 2
- Last Round Seed — $9.08M
- Investors Count 6
All 2 funding rounds of GEMESYS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | – | Grant | – | – | |
| Nov 2024 | $9.08M | Seed | – | Atlantic Labs, Amadeus Capital |
6 investors in total: 6 institutional.
Investors in GEMESYS
GEMESYS has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, NRW.Bank and Sony Innovation Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support is provided for technology-oriented and knowledge-based startups in Germany. | 1998 | exist.de | Germany | |
Tech focused VC firm investing in early stage companies in Germany | – | atlanticlabs.de | Berlin, Germany | |
Venture capital fund investing in technology and AI sectors. | 2016 | sonyinnovationfund.com | Tokyo, Japan | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Early-stage deep technology investments are made by Amadeus Capital. | – | amadeuscapital.com | London, United Kingdom | |
Loans, advice, seminars, and networks are provided for financial support. | 2001 | nrwbank.de | Dusseldorf, Germany |
Investor details for GEMESYS
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People of GEMESYS
4 people are tracked at GEMESYS (4 in leadership).
| Name | Role | Group |
|---|---|---|
Moritz Schmidt | Co-Founder | Leadership |
Dennis Michaelis | CEO | Leadership |
Daniel Krüger | Co-founder & CTO | Leadership |
Dr.-Ing. Dennis Michaelis | Chief Executive Officer | Leadership |
Complete people profiles for GEMESYS
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Timeline of GEMESYS
2 dated milestones of GEMESYS across 3 years, from founding to its latest funding, stage changes and deals.
- Founded GEMESYS is founded.
- Funding First funding round.
Competitors of GEMESYS
GEMESYS has 10 listed competitors in our database, 9 of them funded. They include Kneron, MediaTek, Hailo, Innatera and Lightelligence, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kneron.com | 2015 | San Diego, United States | $226M | 38 | Hardware and software solutions for edge AI applications are provided. | |
| mediatek.com | 1997 | Hsinchu, Taiwan | – | 296 | Provider of AI-based neural processing unit chipsets | |
| hailo.ai | 2017 | Tel Aviv, Israel | $340M | – | Provider of neural learning processors for edge AI applications | |
| innatera.com | 2018 | Delft, Netherlands | $43.26M | – | Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera. | |
| lightelligence.ai | 2017 | Boston, United States | $246.7M | – | Optical chips and software solutions for AI computing are developed. | |
| graimatterlabs.ai | 2016 | Paris, France | $29M | – | Programmable processors for neuromorphic computing are provided. | |
| syntiant.com | 2017 | Irvine, United States | $121.43M | – | Provider of neural processing units for edge computing applications | |
| deepx.ai | 2018 | Seongnam-si, South Korea | $131.75M | – | AI semiconductors, modules, and systems for edge computing are developed. | |
| rain.com | 2017 | Dubai, United Arab Emirates | $128.84M | – | Online platform cryptocurrency trading | |
| anaflash.com | 2021 | Sunnyvale, United States | $7.23M | 4 | Nonvolatile reflex computing units are developed for edge AI devices. |
Detailed competitors of GEMESYS
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Top companies in AI Core Platforms & Infrastructure
10 companies that operate in the same segment as GEMESYS (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | – | 11,115 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | – | 6,146 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | – | 325 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Citation-based AI answer engine with real-time sourcing is operated. | 2022 | San Francisco, California, United States | USD 1.72 B | – | 1,401 |
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Related news about Gemesys
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Frequently Asked Questions about GEMESYS
GEMESYS was founded in 2021 and raised its 1st funding round 3 years after it was founded.
GEMESYS is headquartered in Bochum, Germany. It is registered at Bochum, North Rhine-westphalia, Germany.
Dennis Michaelis is the current CEO of GEMESYS.
GEMESYS is a funded company, having raised a total of $9.08M across 2 funding rounds to date.
GEMESYS was founded in 2021 in Bochum, Germany, and operates in the AI hardware sector. Chips are designed to emulate human brain functions, addressing computing bottlenecks for artificial intelligence applications. Low power consumption is prioritized, enabling deployment on mobile devices. Core activities focus on hardware innovation for efficient AI processing, with leadership provided by co-founder Moritz Schmidt and CEO Dennis Michaelis.
GEMESYS offers AI Chip.
GEMESYS has 6 investors. Key investors include Plug and Play Tech Center, NRW.Bank, Sony Innovation Fund, exist, and Atlantic Labs.
GEMESYS operates through Gemesys Gmbh.