Cerfe Labs

Designs for emerging memory chips - $37B TAM Placeholder for the memory we don’t have that we need ARM research spinout

Product - Still in the research validation phase Funding - Had over $13M in funding before spinning out of ARM; raised $3.5M Seed round, and have a $3M guaranteed loan; additionally, have an option for $1.5M Seed 2 round Burn rate - $400K/ month, 16 month runway DoD - In terms of DoD, they are not currently working together, but would like to. The team has previously worked in DoD and the tech was used in the DARPA FRANC program. Emerging memory research is historically funded by DOD/DARPA. All electronics use memory. CEO - Eric is an LP in the fund and wants his next venture to be a part of CF