FMC, a Dresden-based fabless memory chip company, has raised €100 million to fund energy-efficient DRAM+ and 3D CACHE+ memory technologies aimed at reducing energy use in AI data centres.

DTCF’s Dr. Torsten Löffler underscores FMC’s potential to boost Europe’s semiconductor sovereignty and enable more energy-efficient AI infrastructure.

Additional sponsor mentions and podcast links appear, but they do not alter the core reporting on the funding round and its purpose.

FMC operates from Silicon Saxony and aims to close Europe’s strategic gap in memory tech, challenging dominance by South Korea, the US, and Taiwan.

FMC is a fabless company, designing products in-house and outsourcing fabrication to contract manufacturers.

The round places FMC among large 2025 European semiconductor/AI-infrastructure fundraising efforts and strengthens Europe’s memory-chip capabilities amid geopolitical sovereignty concerns.

HV Capital and DTCF observers say FMC could redefine memory standards and bolster Europe’s semiconductor strategy, with milestones like pilot design wins and a clear roadmap to production and commercialization.

CEO Thomas Rückes highlights energy efficiency as a core metric for AI compute, with FMC promising faster, cheaper, and more sustainable memory solutions; statements from Gruner and Rückes stress the technology’s potential to redefine industry standards.

The funding round signals strong investor confidence in energy-efficient memory technologies.

Support from Bosch, Air Liquide, and Merck’s M Ventures reinforces enthusiasm for FMC’s technology.

The financing comprises €77 million in equity from an oversubscribed Series C led by HV Capital and the DeepTech & Climate Fonds, with Vsquared Ventures and returning investors including eCAPITAL, Bosch Ventures, Air Liquide Venture Capital, M Ventures, and Verve Ventures; €23 million comes from public funds such as IPCEI ME/CT and the European Innovation Council.

The investment is intended to accelerate commercialisation, expand FMC’s global presence, and scale production through partnerships with major DRAM manufacturers and advanced logic foundries.

The deal occurs in the broader context of Europe’s rising role in memory technology and its push to build domestic capabilities in this critical sector.

AI data centres are expected to consume a large share of global energy, and FMC’s approach aims to reduce energy use while maintaining or increasing performance.