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goafrit
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re: Startup raises $30 million to bring MRAM to market
goafrit   8/1/2012 5:24:52 PM
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When you see how capital moves and ideas are funded and nurtured, it seems that startups and VCs live a different world. While Washington and Moscow fight, these guys are building products.

krisi
User Rank
CEO
re: Startup raises $30 million to bring MRAM to market
krisi   8/1/2012 6:35:40 PM
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Interesting..." In May 2011, Crocus Technology Inc. (Santa Clara, Calif.) announced it would receive an investment of about $300 million in a round led by Rusnano, the Russian state-owned nanotechnology fund, with most of the money earmarked for the creation of a manufacturing joint venture in Russia"...anyone knows whether this $300M fab has been built? Kris

xprmntl
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Rookie
re: Startup raises $30 million to bring MRAM to market
xprmntl   8/1/2012 7:05:02 PM
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Google: http://eng.spb-venchur.ru/news/16039.htm

krisi
User Rank
CEO
re: Startup raises $30 million to bring MRAM to market
krisi   8/1/2012 7:17:56 PM
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thank you @xprmntl..."former auto plant “Moskvich” in Moscow"...this is very nostalgic for me! my dad owned a "Moskvich", since most people are not familiar with it just a single comment: "Moskvich" was one of the early East European cars in the 50-ties...glad to see that MRAM memories with be manufactured now (so it seems, the link still talks about the future)...Kris

xprmntl
User Rank
Rookie
re: Startup raises $30 million to bring MRAM to market
xprmntl   8/1/2012 7:26:38 PM
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The building was built in 1929 and has only seen auto and military fabrication. It has been shuttered since bankruptcy in 2002 except for a partial occupation to build some Renaults in 2005 before going bankrupt, again. State of the art...

Peter Clarke
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Blogger
re: Startup raises $30 million to bring MRAM to market
Peter Clarke   8/1/2012 10:12:47 PM
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As I remember they sounded like a tank and could start in sub-zero temperatures like a (Russian) tank. But were very unreliable and uncomfortable.

krisi
User Rank
CEO
re: Startup raises $30 million to bring MRAM to market
krisi   8/1/2012 10:15:04 PM
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Yes, it was like a highly unreliable light tank! but that was pretty much a norm in Eastern Europe these days...East German Traubants were made out plastic, you could throw an apple at it and the body would bent ;-)

krisi
User Rank
CEO
re: Startup raises $30 million to bring MRAM to market
krisi   8/1/2012 7:31:52 PM
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State of the art high tech building in the middle of Moscov, times are changing, it will be cool to see it...pictures posted on the web anywhere?

resistion
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CEO
re: Startup raises $30 million to bring MRAM to market
resistion   8/1/2012 8:40:54 PM
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Interesting that Crocus did not rely on foundries as Avalanche did.

Peter Clarke
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Blogger
re: Startup raises $30 million to bring MRAM to market
Peter Clarke   8/1/2012 10:11:13 PM
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Well Crocus does rely on foundries...having worked with IBM and SMIC. But Rusnano was interested in manufacturing.

resistion
User Rank
CEO
re: Startup raises $30 million to bring MRAM to market
resistion   8/2/2012 3:56:05 AM
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That's indeed interesting. I had phrased my question in the wrong way, I was intrigued by Crocus going a non-foundry route, similar to Everspin, but still different since it is a JV between Crocus and Rusnano.



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