Micron Ventures

Micron Ventures is the venture capital arm of Micron Technology, Inc., focusing on early-stage investments in technology startups. Founded in 2006 and based in Boise, Idaho, Micron Ventures primarily targets companies involved in memory solutions, semiconductor processing, and disruptive technologies across various sectors, including imaging, computing, and wireless applications. The firm aims to invest approximately $100 million over a ten-year period in its portfolio companies, fostering innovation in the semiconductor industry. By leveraging the extensive expertise and resources of its parent company, Micron Ventures supports the development of advanced memory and semiconductor technologies that are integral to everyday products, from consumer electronics to automotive applications.

Sanjay Mehrotra

Chief Executive Officer, President & Board Member

39 past transactions

READY Robotics

Venture Round in 2022
READY Robotics enables manufacturers to more easily deploy robots to the factory floor through a patented technology platform that combines a very easy to use programming interface and plug'n'play hardware. The company encourages manufacturers to be more competitive through the line of intuitive-to-use, easy to control industrial robotic software called Forge, which is a suite of products that requires minimum installation effort, no robotic or programming experience necessary. READY Robotics was founded on 2016 and is headquartered in Columbus, Ohio.

Red Leader

Series A in 2022
Red Leader Technologies, Inc. was incorporated in 2018 and is based in Palo Alto, California.

holo|one

Series A in 2022
holo | one is a Swiss IT start-up specializing in the development of augmented reality applications for companies. Their goal is to use our products and expertise to revolutionize industries and redefine work processes and processes.
Universiti Sains Malaysia is a school in Penang.

WEKA

Series C in 2022
WekaIO has built the world's fastest parallel file system, designed to solve the performance challenges in AI deep learning and technical computing. Matrix, WekaIO’s flagship product, leapfrogs legacy storage infrastructures by delivering the highest performance, lowest latency storage at a fraction of the cost or traditional NAS. WekaIO's software provides a seamless hybrid cloud solution between on-premises data centers and the public cloud. WekaIO has customers in several high performance markets including autonomous vehicle AI training, genomics, financial modeling, EDA, software development, satellite imaging and media and entertainment.

Pryon

Funding Round in 2021
Pryon Inc. is an artificial intelligence company headquartered in Raleigh, North Carolina, that specializes in augmented intelligence solutions for enterprises. Founded in 2017, Pryon has developed a platform that enhances the capabilities of employees by facilitating access to knowledge and streamlining workflows. The platform intelligently orchestrates information across various channels and sources, utilizing advanced AI techniques such as natural language processing and context awareness. This enables organizations to navigate unstructured data more effectively, improve decision-making, and reduce operational complexities and costs. Through its innovative approach, Pryon aims to support businesses in their digital transformation efforts by making knowledge more accessible and actionable.

Adapdix

Funding Round in 2021
Adapdix provides an innovative software platform for enterprises that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge. The company's customer-centric Adapdix EdgeOps™ platform provides previously unmatched performance increases in uptime of equipment, reduction in supply chain and logistics cost and increases in remote worker control and productivity. Adapdix software automates operational and business decisions reliably in real-time and allows scaling of AI technologies across the enterprise. The company has launched its products at leading industrial firms and OEM/machine equipment partners, contributing significant operational improvements.

DayTwo

Series B in 2021
DayTwo Ltd. is a precision medicine company based in Tel Aviv-Yafo, Israel, founded in 2015. The company operates a web-based platform that leverages gut microbiome analysis to provide personalized health solutions, particularly for metabolic diseases such as diabetes, prediabetes, clinical obesity, and non-alcoholic fatty liver disease. DayTwo's innovative approach, grounded in research published in reputable scientific journals, recognizes that individuals react differently to foods, making tailored dietary recommendations essential for effective treatment. By analyzing stool samples, DayTwo creates individualized Food Prescriptions™ designed to optimize blood sugar levels, enhance energy, manage appetite, and support weight loss. Its services are delivered through a digital app, facilitated by Certified Diabetes Care and Education Specialists and Registered Dietitians, enabling users to monitor their progress and communicate with care providers. DayTwo tracks clinical outcomes such as A1C and Time In Range, offering a performance-based fee structure for users who adhere to its program.

Aqua Membranes

Venture Round in 2021
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and based in Albuquerque, New Mexico, the company utilizes innovative three-dimensional printed spacer technology to enhance membrane performance. This technology replaces traditional extruded mesh feed spacers with customized raised patterns that optimize flow patterns and turbulence, effectively reducing the entrapment of particulates and organic fouling. As a result, Aqua Membranes' products achieve increased permeate flow, improved flux and recovery, lower system pressure drop, and extended operational life for membrane elements. The technology is particularly beneficial for spiral-wound membrane manufacturers looking to enhance their product offerings, providing durable and low-maintenance solutions that can handle challenging feed conditions. Additionally, Aqua Membranes' advanced designs significantly lower both capital and operating expenses associated with membrane plant operations.

Adapdix

Series A in 2020
Adapdix provides an innovative software platform for enterprises that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge. The company's customer-centric Adapdix EdgeOps™ platform provides previously unmatched performance increases in uptime of equipment, reduction in supply chain and logistics cost and increases in remote worker control and productivity. Adapdix software automates operational and business decisions reliably in real-time and allows scaling of AI technologies across the enterprise. The company has launched its products at leading industrial firms and OEM/machine equipment partners, contributing significant operational improvements.

Drishti

Series B in 2020
Drishti Technologies, Inc. specializes in artificial intelligence-based computer vision solutions designed for visual inspections in manufacturing processes, specifically targeting the electronics and automotive industries. Founded in 2016 and headquartered in Mountain View, California, with an additional office in Bengaluru, India, Drishti offers a software-as-a-service solution that leverages video analytics to enhance productivity, quality, and training on manual assembly lines. The company's technology digitizes human actions, enabling real-time, non-intrusive observation that helps identify defects and improve operational efficiency. Additionally, Drishti's platform supports training initiatives by using AI and video to reinforce best practices, facilitating the onboarding of new employees and the cross-training of existing staff while recognizing exceptional performers within the workforce.

Taranis

Series C in 2020
Taranis is a leading precision agriculture intelligence platform that uses sophisticated computer vision, data science and deep learning algorithms to effectively monitor fields. The system enables farmers to make informed decisions by detecting early symptoms of weeds, uneven emergence, nutrient deficiencies, disease or insect infestations, water damage and machinery problems. Overseeing millions of acres of farmland in Argentina, Brazil, Russia, Ukraine and the United States, Taranis gives farmers the tools to address issues in real-time, increasing yields and cutting costs. Taranis employs over 100 people worldwide and is headquartered in San Francisco with subsidiaries in Israel, Argentina and Brazil.

Nexar

Series C in 2020
Nexar Ltd. develops Dashcam, a mobile application which helps in predicting road accidents. The company's mobile application offers insights and alerts about surrounding cars and enables users to provide feedback and alerts to other drivers on the road. Its application records the road while driving; detects a hard break or an accident; records past, present, and future of an incident; and automatically creates an incident and uploads it to the cloud. Nexar Ltd. was founded in 2015 and is based in Tel Aviv Yafo, Israel

Atlas AI

Series A in 2020
ATLAS AI P.B.C develops artificial intelligence based API software and operates a web platform and for sustainable development. The product uses machine learning to help decision-makers get more impact at lower costs through better planning, management, and assessment. The product can be used to study and analyze data on economic wellbeing, agriculture, and infrastructure. ATLAS AI P.B.C was founded in 2018 and is based in Palo Alto, California.

READY Robotics

Series B in 2020
READY Robotics enables manufacturers to more easily deploy robots to the factory floor through a patented technology platform that combines a very easy to use programming interface and plug'n'play hardware. The company encourages manufacturers to be more competitive through the line of intuitive-to-use, easy to control industrial robotic software called Forge, which is a suite of products that requires minimum installation effort, no robotic or programming experience necessary. READY Robotics was founded on 2016 and is headquartered in Columbus, Ohio.

FWDNXT Inc.

Acquisition in 2019
FWDNXT Inc. develops and markets artificial intelligence software based on deep learning and neural networks. The company was founded in 2016 and is headquartered in West Lafayette, Indiana. FWDNXT Inc. operates as a subsidiary of Micron Technology, Inc.

Mythic

Series B in 2019
Mythic Inc. is a technology company that specializes in the design and development of silicon chips and artificial intelligence (AI) processing units. Founded in 2012 and headquartered in Redwood City, California, with an additional office in Austin, Texas, Mythic focuses on creating advanced analog matrix processors that incorporate unique compute-in-memory technology. Their product lineup includes the M1076 Analog Matrix Processor, MP10304 Quad-AMP PCIe Card, and MM1076 M.2 M Key Card, which facilitate AI deployment across various platforms, from data centers to edge devices. The company caters to a diverse range of applications, including fitness trackers, hearing aids, self-driving vehicles, and robotic drones. With a team of experts in neural networks, device physics, software design, and processor architecture, Mythic is committed to advancing AI capabilities for practical use in real-world environments.

Lightbits Labs

Venture Round in 2019
Lightbits Labs, Inc. develops data storage solutions for enterprise private clouds, Software-as-a-Service, and Infrastructure-as-a-Service providers. It offers LightOS Software Defined Storage that integrates with existing datacenter infrastructure; and LightField Storage Acceleration Card that supports the LightOS stack. Lightbits Labs, Inc. was founded in 2015 and is based in San Jose, California. It has additional offices in Kfar Saba and Haifa, Israel; and New York, New York.

IM Flash

Acquisition in 2018
IM Flash manufactures flash memory chips. It primarily offers non-volatile memory for Intel and Micron. IM Flash's flash memory is found in phones, solid state drives, tablets, and Ultrabooks. Keyvan Esfarjani and Jason Dunn founded it in January 2006. IM Flash's headquarters is in Lehi in Utah. It operates as a subsidiary of Micron Technology, Inc.

CNEX Labs

Series C in 2017
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

CNEX Labs

Series C in 2017
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Inotera

Acquisition in 2015
Inotera Memories, Inc., an advanced wafer fabrication company, manufactures and sells semiconductor products in Taiwan, the United States, Singapore, and Japan. The company provides dynamic random access memory (DRAM) foundry services. Its services comprise photolithograph printing, etching, thin filming, diffusion, ion implanting, and chemical mechanical polishing of wafers. The company also offers DRAM products, such as 20nm 4GB DDR3 SDRAM, 30nm 2GB DDR3 SDRAM, 30nm 4GB DDR3 SDRAM, 30nm 4GB DDR2 low power SDRAM, and 30nm 4GB DDR4 SDRAM. Inotera Memories, Inc. was founded in 2003 and is headquartered in Taoyuan City, Taiwan. As of December 6, 2016, Inotera Memories Inc. operates as a subsidiary of Micron Semiconductor Taiwan Co. Ltd.

TiDAL Systems

Acquisition in 2015
TiDAL Systems manufactures and distributes IT-related products to its clients. The company’s product portfolio consists of DRAM, DRAM modules, SSDs, NAND flash, managed NAND, NOR flash, hybrid memory cube, and multichip. It provides its solutions to firms in the automotive, data center, embedded memory, storage data security, and supercomputing industries. TiDAL Systems was founded in 2013.

Convey Computer

Acquisition in 2015
Convey Computer specializes in the development and production of hybrid-core computers tailored for industries such as oil and gas, financial analytics, and bioinformatics. The company leverages extensive experience and intellectual assets to address performance challenges in computing. Its executive and design teams possess a strong background in the technology sector, drawing on previous successes at notable firms like Convex Computer Corporation and Hewlett-Packard.

Pico Computing

Acquisition in 2014
Pico Computing, Inc. specializes in designing and developing hardware accelerator platforms utilizing field programmable gate array (FPGA) technologies. The company offers a range of products, including M-series modules for high-performance computing, E-series small form factor boards, EX-series backplanes, and SC-5 superclusters. In addition to its hardware offerings, Pico Computing provides custom hardware design engineering services tailored to various sectors, including defense, aerospace, industrial, financial, and embedded computing. Its products find applications in areas such as cryptography, networking, signal processing, bioinformatics, and scientific computing, serving embedded systems, military operations, national security, and high-performance computing needs. Founded in 2004 and based in Seattle, Washington, Pico Computing operates as a subsidiary of Micron Technology, Inc.

Rexchip Electronics

Acquisition in 2013
Rexchip Electronics Corporation was established on November 10, 2006, as a 12" DRAM manufacturing joint venture between Taiwan's Powerchip Semiconductor Corporation (PSC) and Japan's Elpida Memory, Inc. Both PSC and Elpida will be providing several key management positions in order to support operations. Rexchip, combining Elpida's advanced R&D strength together with Taiwan's manufacturing efficiency will specialize in the production of high density/high performance DRAM (Dynamic Random Access Memory).

Elpida Memory

Acquisition in 2012
Elpida Memory is a leading manufacturer of Dynamic Random Access Memory (DRAM) integrated circuits. The company's design, manufacturing and sales operations are backed by world class technological expertise. Its 300mm manufacturing facilities, consisting of its Hiroshima Plant and a Taiwan-based joint venture, Rexchip Electronics, utilize the most advanced manufacturing technologies available. Elpida's portfolio features such characteristics as high-density, high-speed, low power and small packaging profiles. The company provides DRAM solutions across a wide range of applications, including personal computers, servers, mobile devices and digital consumer electronics.

VirtenSys

Acquisition in 2012
VirtenSys was formed in 2005 to address a key problem in the IT industry. The IT industry today is caught between a 'rock and a hard place'. On one side IT budgets are severely constrained with analysts predicting single figure percentage growth for the foreseeable future. IT providers are expected to deliver increased value both in terms of reduced asset cost and 'Total Cost of Ownership'. This TCO factor is becoming dominated by issues like floor space, power consumption, thermal management and system maintenance costs. At the same time the workload on IT systems is increasing much faster than the budgets. More importantly however, the dynamics of the workload are also changing. Successful companies need to be more agile in responding to changing business conditions and need an IT infrastructure which can adapt equally fast. New business models are also emerging with analysts predicting that by 2010, 25% of all IT services will be supplied through utility computing models, requiring even more dynamic workload capabilities. To add to this challenge, the size of the industry, particularly with respect to the investment in software and systems, demands an evolutionary forward migration path. The industry does not tolerate 'fork lift' upgrades.

Numonyx

Acquisition in 2010
Numonyx is an independent semiconductor company that creates non-volatile memory design for consumer and industrial devices. With assets and expertise from STMicroelectronics and Intel, Numonyx was funded by global equity firm Francisco Partners in March 2008.

DisplayTech

Acquisition in 2009
Displaytech, Inc. makes and sells microdisplays with superior image quality for electronic viewfinders in consumer digital still cameras, camcorders, and mobile communication devices. The low power and compact form factor of Displaytech’s LightView™ microdisplay product line enable innovative end-product design. The patented Ferroelectric Liquid Crystal (FLC) technology at the heart of the Company’s microdisplays is also used in a line of ultra-fast photonics switching products for emerging optical applications. A fabless manufacturing model positions Displaytech to keep pace with the high-volume consumer electronics market.

Edgeware

Series B in 2009
Edgeware provides server systems and associated technology for TV services over the Web and for TV on-demand services in Telco and cable network environments. Edgeware was founded in 2004 with the idea of merging delivery capability of on demand TV and video services into the service provider network, using highly efficient dedicated network appliances. The company is based in Stockholm, Sweden. Addressed applications include Time Shift TV, VoD, nPVR and Ad Insertion for cable and telco deployments, in addition to Web TV applications for CDNs, broadcasters and video service providers. By combining solid-state flash memory and hardware accelerated streaming, Edgeware offers a radically different approach to server architecture. The system solutions include dynamic asset propagation and service management, enabling fully distributable and scalable platforms that dramatically reduce investment and operational costs.

Link_A_ Media

Series B in 2008
Link_A_Media Devices (LAMD) is the new leader in developing and manufacturing custom System-on-Chip (SOC) solutions for peripheral data storage devices, which include hard disk drives (HDDs) and solid-state-drives (SSDs). The SoC solution integrates the Read/Write Channel, disk controller functions, microprocessor(s) and memories, and servo processing for HDD application on a single chip.

Siimpel Corporation

Series D in 2007
Siimpel Corporation, founded in 2000 as SiWave, specializes in the development of high-precision MEMS sensors and optical technologies. Originating from expertise at NASA's Jet Propulsion Laboratory, the company has established itself as a leader in innovation. Siimpel has achieved significant milestones, including the creation of the smallest high port count optical switches and the world's first MEMS horizon sensor. The company has also developed advanced laser ranging systems and compact MEMS components for NASA's Mars rovers. Since 2004, Siimpel has focused on applying its MEMS platform technology to significantly reduce the size of high-performance digital cameras, setting new benchmarks for both size and functionality in mobile devices. Recognized for its groundbreaking contributions, Siimpel has received prestigious awards, including the Advanced Technology Program award from the National Institute of Standards and Technology.

Artificial Muscle Inc.

Series B in 2007
Artificial Muscle Inc. is a U.S.-based company that develops polymer components, which convert electrical energy into mechanical motion. It offers electro-magnetic actuators for medical, pumps, sensors, optics, energy generation, valves, Braille, and robotics applications. Artificial Muscle Inc. is based in Menlo Park, California.

Cswitch

Series B in 2006
Cswitch was founded by a team of highly experienced semiconductor executives to develop the next generation of configurable solutions for a wide range of networking-based platforms. Their ground-breaking work building advanced processors and ASICs at companies such as LSI Logic, Sun Microsystems, SGI and most recently Transmeta, has allowed them to develop the insight to chart a new course for the networking, telecom, storage and wireless base station markets.

Lexar

Acquisition in 2006
For more than 20 years, Lexar has been a trusted leading global brand of memory solutions. Our award-winning lineup includes memory cards, USB flash drives, card readers, and solid-state drives. With so many options, it’s easy to find the right Lexar solution to fit your needs. All Lexar product designs undergo extensive testing in the Lexar Quality Labs, facilities with more than 1,100 digital devices, to ensure performance, quality, compatibility, and reliability. Lexar products are available worldwide at major retail and e-tail stores. For more information or support, visit www.lexar.com.

Photobit Corp.

Acquisition in 2001
Photobit Corp. is a supplier of CMOS image sensors.

Rendition, Inc.

Acquisition in 1998
Rendition was a maker of 3D computer graphics chipsets in the mid to late 1990s

NetFRAME Systems

Acquisition in 1997
NetFRAME Systems engaged in the development, manufacture, marketing, and support of clustered network servers for local and wide area networks. These network servers were distributed worldwide primarily through value added resellers and systems integrators.