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ZeroPoint Technologies – Remove the Waste. Release the Power. Digitalization quickly accelerates energy consumption. In 2030, the ICT (Information and Communications Technology) sector is projected to stand for more than one-fifth of the global electricity demand. Maximizing performance per watt in servers and smart devices is critical to breaking the trend. ZeroPoint technology delivers up to 50% more performance per watt by removing unnecessary information from microchips in data centers (CPU) and smart devices (SoC), meaning that: • Data centers can maximize performance and reduce energy consumption. • Smart device developers can maximize performance and user experience without compromising on battery life. Typical memory contains up to 70% unnecessary information. ZeroPoint technology removes all this information by combining ultra-fast data compression with realtime data compaction and transparent memory management. Integrating these three areas into one solution for maximizing performance per watt makes us unique. ZeroPoint is the result of decades of frontline research and in-depth technical knowledge. We have a strong patent portfolio and a pipeline of ideas related to our core business. ZeroPoint delivers a hardware IP block that customers integrate on their SoC. We work closely with industry-leading companies in product implementation projects targeting the most advanced technology nodes available. The Technology, ideas and many of the people behind and with ZeroPoint comes from Professor Per Stenström’s research group, which is internationally recognized for excellence within high-performance computing. Since its creation, ZeroPoint has attracted skilled people from industry, finance and the startup community and raised its first round of Venture Capital in 2016.
Location: Sweden, Gothenburg
Employees: 11-50
Total raised: $8.9M
Founded date: 2016
Founders name: Angelos Arelakis
Founders Related Locations: Sweden; Sweden, Gothenburg
Funding Rounds 2
Date | Series | Amount | Investors |
23.05.2024 | - | $5.5M | - |
06.02.2023 | Seed | $3.4M | - |
Persons 3
Date | First Name | Last Name | Title | Location | |||
- | Klas | Moreau | CEO | linkedin.c... | - | k*********... | - |
- | Angelos | Arelakis | Co-founder... | linkedin.c... | - | - | - |
- | Dimitrios | Palyvos-Gi... | Software E... | linkedin.c... | - | d*********... | - |
Mentions in press and media 6
Date | Title | Description |
24.05.2024 | ZeroPoint Technologies Revolutionizes Data Compression Technology with $5.5M Funding | ZeroPoint Technologies, a dynamic startup hailing from the innovative hub of Gothenburg, Sweden, has recently secured a substantial $5.5 million in early-stage funding. This financial boost is set to propel the company's cutting-edge on-chi... |
23.05.2024 | ZeroPoint Technologies Closes €5M Funding Round | ZeroPoint Technologies, a Gothenburg, Sweden-based memory compression technology company, raised €5M in Series A funding. The round was led by Matterwave Ventures. Additionally, Industrifonden served as the local lead for this round. Other ... |
23.05.2024 | ZeroPoint raises $5.5M for its on-chip data compression technology Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mission to provide free, ... | ZeroPoint Technologies AB, a startup with hardware that enables processors to make more efficient use of DRAM, has secured $5.5 million in early-stage funding. The company said in its announcement of the Series A raise today that Munich-bas... |
23.05.2024 | ZeroPoint Technologies Closes Funding Round for Groundbreaking Hardware-Accelerated Memory Compression Technology | ZeroPoint Technologies Closes Funding Round for Groundbreaking Hardware-Accelerated Memory Compression Technology Thu, May 23, 2024 14:04 CET Report this content Press Release ZeroPoint Technologies AB Gothenburg, SWEDEN 8:00 AM ET, May 23,... |
17.04.2024 | Intel’s deeptech accelerator announces its seventh cohort | Intel Ignite, Intel's global startup accelerator program for early-stage deeptech startups, has announced the 10 startups who make up its seventh cohort, which will convene in Munich. Deeptech is now the largest VC funding category in Europ... |
07.02.2023 | Helping data centres cut energy consumption, ZeroPoint raises €3.2 million | While data centres aren’t perhaps the first topic at the dinner table, or second, or third come to think of it, they are an undeniable force in our lives. Usually humming away somewhere in the dark, often having thousands and thousands of c... |