About UPMEM
UPMEM is a company based in Grenoble (France) founded in 2015.. UPMEM has raised $7.98 million across 4 funding rounds from investors including Crédit Agricole, Western Digital and Partech Partners. UPMEM offers products and services including PIM Solution. UPMEM operates in a competitive market with competitors including Hewlett Packard Enterprise, Rambus, Lightmatter, Ambarella and MediaTek, among others.
- Headquarter Grenoble, France
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.98 M (USD)
in 4 rounds
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Latest Funding Round
$2.68 M (USD), Grant
Sep 12, 2023
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Investors
Crédit Agricole
& 7 more
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Employee Count
Employee Count
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Products & Services of UPMEM
UPMEM offers a comprehensive portfolio of products and services, including PIM Solution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides in-memory processing to accelerate big data and AI tasks efficiently.
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Funding Insights of UPMEM
UPMEM has successfully raised a total of $7.98M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.68 million completed in September 2023. 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 Total Funding
- Total Rounds 4
- Last Round Grant — $2.7M
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First Round
First Round
(07 Sep 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - UPMEM | Valuation | Digital Capital , EIC Fund | |
| Sep, 2023 | Amount | Grant - UPMEM | Valuation |
investors |
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| Mar, 2022 | Amount | Grant - UPMEM | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UPMEM
UPMEM has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Crédit Agricole, Western Digital and Partech Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to global tech startups and scale-ups.
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Venture capital fund focused on series A stage hardware, future work, commerce, and digital media companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UPMEM
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - UPMEM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Upmem Comparisons
Competitors of UPMEM
UPMEM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, Rambus, Lightmatter, Ambarella and MediaTek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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AI-based silicon IP and chip solutions are developed and licensed.
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3D-stacked photonic chips for AI computing are developed.
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| domain | founded_year | HQ Location |
AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI-based neural processing unit chipsets
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Semiconductor solutions are provided for cellular and connectivity markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Upmem
Frequently Asked Questions about UPMEM
When was UPMEM founded?
UPMEM was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is UPMEM located?
UPMEM is headquartered in Grenoble, France. It is registered at Grenoble, Auvergne-rhone-alpes, France.
Is UPMEM a funded company?
UPMEM is a funded company, having raised a total of $7.98M across 4 funding rounds to date. The company's 1st funding round was a Grant of $2.78M, raised on Sep 07, 2017.
What does UPMEM do?
Upmem is a processing-in-memory solution to boost the data-intensive applications in the data center. The DPUs (Data processing units) are integrated into the DRAM chips for faster access and larger bandwidth to form a network of co-processors in a scalable parallel environment. It plans to have 2048 cores with 128GByte of RAM per socket. It is packaged on DIMM modules to allow integration with standard servers and comes with an end-to-end SDK for development. The solution is scalable and OS agnostic. The company claims that the solutions could find applications in real-time analytics, pattern matching, database serving and implementation of artificial neural networks. It has partnerships with CEA-Leti, Dolphin Integration, TU Kaiserslautern and Inria.
Who are the top competitors of UPMEM?
UPMEM's top competitors include Hewlett Packard Enterprise, Lightmatter and Ambarella.
What products or services does UPMEM offer?
UPMEM offers PIM Solution.
Who are UPMEM's investors?
UPMEM has 8 investors. Key investors include Crédit Agricole, Western Digital, Partech Partners, European Union, and Digital Capital.