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TriMagnetix raises $1M seed for low-energy space chips

1 reports1 report sources2 days agoUpdate

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Seattle-based TriMagnetix has raised up to $1 million to keep developing a semiconductor chip for space that, in initial lab testing, uses 800 times less energy than a traditional chip to process the same amount of data. Acequia Capital led the round, with Athenaeum Ventures participating and Actuate Ventures also committing; the three firms' combined total is $1 million. The startup previously took a $200,000 investment from climate fund SNØCAP last year.

AI-generated from reports · 2 days agoUpdate

Latest updatesOct 16 05:51
TriMagnetix raises $1M to build radiation-resistant, ultra-low-energy chips for space

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Oct 16
  1. GeekWire
    TriMagnetix raises $1M to build radiation-resistant, ultra-low-energy chips for space

    Seattle-based TriMagnetix raised $1M from Acequia Capital.

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