NanoBridge Semiconductor Raises Series A Funding From Japan Industrial Partners And NEC To Launch Full-Scale Business

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  • Through this fundraising, NBS will demonstrate its technologies in areas where radiation resistance is essential
  • NBS will develop a broad range of NanoBridge businesses for domestic and international manufacturers, such as IoT device and automobile manufacturers

NanoBridge Semiconductor, Inc has announced that it has issued series A preferred stock to Japan Industrial Partners, Inc., NEC Corporation and other companies to raise approximately 130 million yen. NanoBridge Semiconductor designs and manufactures advanced circuits and conducts IP-licensing sales using NanoBridge(1), a resistance-change switching technology for semiconductors.

Through this fundraising, NBS will demonstrate its technologies in areas where radiation resistance is essential, such as aerospace and communications infrastructure. At the same time, NBS will develop a broad range of NanoBridge businesses for domestic and international manufacturers, such as IoT device and automobile manufacturers, while aiming to achieve sales of 5 billion yen in 2025.

Creation or destruction of nanometer sized metal bridges

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NBS is a venture company established by NEC researchers in September 2019. NanoBridge is a technology to control the creation or destruction of nanometer sized metal bridges in a solid electrolyte through the application of voltage, thereby realising on and off-switch status.

Richard E. Dyck, Director, Japan Industrial Partners, Inc said, “The discovery of the atomic switch, based on the movement of atoms rather than electrons, was a major breakthrough in basic science.The team at NanoBridge, after two decades of skilled and focused engineering, has transformed this breakthrough into the realm of practical application. It is exciting to see the NanoBridge atomic switch can now be manufactured economically and in volume, on standard production equipment.”

The company said that it is attracting attention as an ideal technology for FPGA(2) and memories that can repeatedly rewrite circuits. It claimed that this happens as NanoBridge consumes less power, as it does not require power to maintain an on or off status, and is highly resistant to both radiation and extreme temperatures.

Osamu Fujikawa, Senior Vice President, NEC Corporation said, “Under the Mid-term Management Plan 2020, NEC is strengthening its business development capabilities and commercializing competitive technologies. We have invested in NBS to support the enthusiasm of our researchers for taking on new challenges and driving the advancement of outstanding NEC technologies into the worldwide marketplace.”

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