Photo - Blueshift Memory
44514

Blueshift Memory

New memory microchip

United Kingdom
Market: Computers, office equipment, Blockchain, Crypto currency, Artificial Intelligence, Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 19.06.2020
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Idea

Blueshift Memory have invented and patented a new microchip that speeds up data processing up to 1000 times faster than current memory technologies.
Our market is the $80 Billion DRAM semiconductor business.
BSM is an enabler and accelerator for image processing, AI, autonomous vehicles, missile technology, HFT, smart cities, AR/VR

Current Status

Our product is a new computer memory which is independent of the
memory cell technology and scale of the memory. Providing benefits for
servers, desktops, laptops, and mobile phones. Sale as SoC/NRE service, licence and memory chip.

Market

The size of the DRAM market exceeds $80+ billion per year, about 90% of which is split between three companies. The global DRAM market is expected to grow at a CAGR of 28.7% from 2018–2023 (Market Research Future 2023 forecast report).

Problem or Opportunity

CPUs went through a huge evolution in previous decades, but memory uses the same basic architecture. This creates the Von Neumann bottleneck effect, which means that the CPU is demanding data on a much faster rate than the memory is able to provide.

Solution (product or service)

Blueshift Memory is a semiconductor company that addresses the von Neumann bottleneck in high-performance computing. Our proprietary chip design is optimised for large data sets and time-critical data, with a memory access speed up to 1000 times faster.

Competitors

Samsung, SK Hynix, Micron, Rambus: there are no similar R&D activities. We already have patent applications in progress.UpMem, GraphCore: their solution is "processing in memory", which could be faster with BSM

Advantages or differentiators

The BSM solution is optimized for large scale high-performance computing and time-critical data.
Our microchip dramatically increases the speed of data processing, whilst Lowering energy consumption, environmental impact and cost.
BSM is an enabler and accelerator for image processing, AI, autonomous vehicles, missile technology, HFT, smart cities, AR/VR etc.

Finance

Round Overview
Funding Stage: Series Seed
Capital Raised: £100k
Capital Seeking: £1.5M
Pre-Money Valuation: £7.4 Million

Business model

Our business model include System on a Chip (SoC) services and mass production/licensing of our ASIC microchip

Money will be spent on

MVP, company development
SoC deal development (revenue generating phase)

Offer for investor

20% for £1.5 Million

Team or Management

Incubation/Acceleration programs accomplishment

YC Combinator Startup School

Won the competition and other awards

Cambridge Independent Science and Tech Awards finalist in two categories:
-Startup of the Year
-One to watch

Hello Tomorrow
Final 7 Best Tech Startup our of 4500 companies

Invention/Patent

10 global patent applications in progress and we are further expanding our IP portfolio

Photos

Photo 1 - New memory microchip
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video