#investment #semiconductor

SEMRON joined the OTB portfolio! €7 million seed round for developing computer chips.

Dresden-based startup is developing advanced computer chips capable of accelerating AI performance in compact smart devices at scale. 

 We're delighted to be part of closing this very impressive seed round of over €7 million together with JOIN CAPITALSquareOne Venture Capital and Onsight Ventures.
 
Aron Kirschen, CEO and co-founder of SEMRON: "The current state of the semiconductor industry reveals a stark absence of a compelling strategy for the future, and even for today's AI demands. At SEMRON, we are not just focusing on decreasing energy consumption and enhancing performance. Our vision encompasses a radical shift towards cost reduction, increased flexibility, and the capability to run vast AI models with billions of parameters on a mere fingertip of silicon."

Addressing the Future of Semiconductor Industry & AI

"The emergence of the new deep learning models and their widespread adoption puts increased pressure on traditional computing architectures and exposes the limitations of the Moore’s law. The full potential of 
AI remains untapped, especially on the edge devices. Semron is bridging the gap with its revolutionary 3D-scaled AI chip, that enables to run enormous LLM models on a small form factor without depleting the battery. It unlocks totally new use-cases for a vast number of devices such as smartphones, VR headsets & IoT devices. We are thrilled to team up with Aron & Kai-Uwe and join the journey to redefine the semiconductor industry" said Karol Szubstarski, partner at OTB Ventures.

About Semron

SEMRON, based in Dresden, Germany, is a deep tech startup at the forefront of the next revolution in Artificial Intelligence. Specializing in the development of cutting-edge semiconductor technology, SEMRON is dedicated to crafting the world’s most powerful and energy-efficient computer chips, designed to enhance AI performance in compact smart devices. The company’s innovative approach utilizes a three-dimensional space in chip design, allowing for unprecedented improvements in efficiency. 

Latest news

  • #DefenceTech #OTBteam

    Welcoming General Rajmund T. Andrzejczak to OTB Ventures

    We are pleased to welcome General Rajmund T. Andrzejczak to OTB Ventures as a Strategic Adviser. General Andrzejczak served as Chief of the General Staff of the Polish Armed Forces from 2018 to 2023, the highest-ranking military position in Poland. Over more than three decades of service, he held senior command and strategic roles in […]
    Read more
  • #Healthcare #Waiv #AI #investment

    Waiv: A new generation of AI-native precision diagnostics

    We are pleased to announce OTB Ventures’ investment in Waiv’s $33 million Series A round, which we co-led alongside Alpha Intelligence Capital (AIC), with participation from Serena Data Ventures, Karista, and SistaFund.     Waiv is Redefining Precision Oncology for the AI Era Waiv is a Paris-based company building the next generation of cancer diagnostics using artificial […]
    Read more
  • #Recruitment #OTBteam

    Join the OTB team in Warsaw as an Investment Analyst or Associate

    Applications are now open! OTB Ventures is a European venture capital fund backing early-stage DeepTech startups across the continent. We invest in bold founders building cutting-edge technologies in three key verticals: Enterprise Data & AI, Physical AI & SpaceTech, and Next-Gen Computing. Our mission is to support entrepreneurs shaping the future of technology. With a […]
    Read more