Nanochip, Inc., a Silicon Valley startup, has managed to raise $14 million in funding from Intel Capital, Intel's global investment organization, for further development of the MEMS technology.
You read it right: gigabytes, not gigabits.
According to Nanochip, the technology isn't lithography constrained, allowing production of chips of more than 1GB in capacity, in plants that have already been deemed outdated by current standards.
The lack of lithography constraints means cheaper products, resulting in an opportunity to also replace flash memory, as the technology is also non-volatile.
Today's factories should be able to produce the first products, estimated at 100GB per chip, when the technology is expected to be unleashed for public consumption by 2010. The first samples will be available during 2009.
PRAM or phase change memory was expected to be the technology to replace flash in the coming years, since it is also non-volatile, while it is much faster than flash. PRAM, though, doesn't seemed to scale so well, in regards to density, and still has some boundaries to overcome, namely it's thermal principles of operation.
The interesting tidbit is this, as taken from the same PRAM wikipedia:
In August of 2004, Nanochip licensed PRAM technology for use in MEMS (micro-electric-mechanical-systems) probe storage devices.
These devices are not solid state. Instead, a very small platter coated in chalcogenide is dragged beneath many (thousands or even millions)
of electrical probes which can read and write the chalcogenide. Hewlett-Packard's micro-mover technology can accurately position
the platter to 3 nanometers so densities of more than 1 terabit per square inch will be possible if the technology can be perfected.
Nanochip is using some kind hybrid PRAM technology in it's MEMS technology, although we don't know, yet, what this means in practical terms -
it could mean a fast access speed.
Access speed is a place where PRAM is appointed to be the undisputed king of the hill, so it could limit applications of this type of technology.
The density claim seems to be right on since 1Tb is approximately 116GB.
For now it seems that the flash SSD drives are going to be replaced before they even reach mass consumption - which is a good thing. The technology is expensive, doesn't provide a lot of storage space and is prone to failure, due to the low amount of write cycles available per cell. Flash is perfect for pendrives and resisting shock, not so good for regular, intensive, HDD usage.
http://www.siliconmadness.com/2008/0...hallanges.html
The full press report is here, below...
Nanochip Raises $14 Million to Complete Development
of Ultra-High-Capacity Removable Data Storage Chips
Series C2 Funding to Support Prototype Development, Design Verification and Sampling
of Removable Chips for Computer, Server and Consumer Electronics Markets
Nanochip, Inc., a developer of advanced microelectromechanical
systems (MEMS) silicon data storage chips, today announced the
completion of a $14 million financing round. In conjunction with Intel Capital and JK&B
Capital, both investors in earlier rounds, this round was led by an additional world-class
investment company. The financing round will allow Nanochip to complete development
of its first prototypes later this year to support design verification testing and limited
customer sampling in 2009.
Nanochip is developing a new class of ultra-high-capacity storage chips enabling the
storage of tens of gigabytes (GB) of data per chip, or the equivalent of many highdefinition
feature-length videos. By coupling MEMS with nano-probe array technology
that far exceeds the expected limits of conventional lithography used in present
semiconductor memory, these new chips are designed to meet the growing demand for
cost-effective, removable and rewritable data storage for use in a wide range of
computing, server and consumer electronics products.
Nanochip’s first products are expected to exceed 100 GB per chip set, reaching
terabytes (TB) in the future, and at a substantially lower cost compared with flash memory solutions.
“Flash has become the technology of choice for a variety of consumer and business
applications where cost-effective, non-volatile solid-state storage is a must,†said Keith
Larson, vice president and director of manufacturing, memory and digital health sectors
for Intel Capital. “However, as flash process technology scaling begins to approach its
limits, Nanochip’s technology is well positioned to provide memory capacity with
exponentially higher storage densities at a cost per gigabyte significantly below that of
flash technology. New memory components, such as Nanochip’s, will enable new,
innovative electronics devices and increase the performance of existing computing and
other devices.â€
Nanochip Series C2 Announcement
Page 2 of 2
“Nanochip continues to make significant progress in the development of its ultra-highcapacity
storage chips, and we are delighted to continue to support its development and
commercialization efforts,†said Al DaValle, JK&B Capital partner and member of the
Nanochip board of directors. “Nanochip is poised to help usher in a technological shift
from conventional flash-based storage and micro-sized hard disk drives to ultra-highcapacity
MEMS-based memory devices.â€
“This support from leading players within the investment community underscores the
strength of our technology, business model and hard work,†said Gordon R. Knight,
Ph.D., CEO of Nanochip, Inc. “We are well on track to meet our original schedule of
reaching full commercialization of our first product offering by 2010.â€
Nanochip has been granted seven U.S. patents for its technology, and has applied for
34 more.
About Nanochip
Nanochip, Inc. (www.nanochipinc.com) was formed in 1996 to develop MEMS storage
chips for consumer electronic applications. The company's products address the need
for low-power, very high-capacity, high-performance, non-volatile memory at a price very
competitive in consumer markets. Nanochip is a private company headquartered in
Fremont, Calif.
About Intel Capital
Intel Capital, Intel's global investment organization, makes equity investments in
innovative technology start-ups and companies worldwide. Intel Capital invests in a
broad range of companies offering hardware, software and services targeting enterprise,
home, mobility, health, consumer Internet, semiconductor manufacturing, and cleantech.
Since 1991, Intel Capital has invested more than US$6 billion in approximately 1,000
companies in more than 40 countries. In that timeframe, about 157 portfolio companies
have gone public on various exchanges around the world and another 187 have been
acquired by other companies. In 2007, Intel Capital invested about US$639 million in
166 deals with approximately 37 percent of funds invested outside the United States.
For more information on Intel Capital and its differentiated advantages, visit
www.intel.com/capital.
About JK&B Capital
JK&B Capital (www.jkbcaptial.com) is a venture capital firm focused in the software, IT
and communications markets with over $900 million of capital under management.
Founded in 1996, JK&B has built a track record of generating exceptional returns for
investors by identifying and investing in companies with technologies which have been
critical to the growth of the world’s information economy.

http://www.nanochipinc.com/NanoChip_...ouncement_.pdf














Linear Mode
21 OCZ Fans!