Startup Kepler Computing emerges from stealth with $468 million for SI memory that can be made without the most expensive machines
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
If getting around the memory shortage without ultra-expensive machines works out, SI hardware will become more accessible and cheaper for everyone.
The San Jose company worked in secret for seven years and raised $468 million from GlobalFoundries ($50 million), Intel Capital, AMD Ventures, Baillie Gifford and Bill Gates's fund Gates Frontier; in July the US Department of Commerce promised up to $245 million more under the CHIPS Act in exchange for a minority stake. Kepler stacks layers of ferroelectric memory on top of logic chips and promises density at the level of 2–3 nm process nodes without EUV lithography, and up to 10 times more capacity than SRAM and HBM. The first samples are due at the end of 2026, with volume production at GlobalFoundries' plant in Singapore in 2027.
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