SCI Semiconductor raises 3M: Co-founder Haydn Povey on building world's first memory-safe chip to combat rising cyberattacks - Silicon Canals
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SCI Semiconductor raises 3M: Co-founder Haydn Povey on building world's first memory-safe chip to combat rising cyberattacks - Silicon Canals
"The funding will enable SCI Semiconductor to build a team in Sheffield and launch their revolutionary memory-safe chip, addressing a critical gap in cybersecurity."
"Despite collaboration among major tech firms, no one has succeeded in creating a chip that rectifies memory safety issues, which account for 70% of cyberattacks."
UK-based SCI Semiconductor has successfully raised £2.5M in funding to develop the first 'memory safe' computer chip, addressing significant cybersecurity vulnerabilities. Led by Mercia Ventures and supported by angel investors, this funding will enable SCI to create a specialized engineering team in Sheffield and bring its innovative product to market. The chip aims to tackle 'memory safety' issues, a critical factor in approximately 70% of cyber attacks, highlighting the need for a hardware solution over traditional software approaches.
#cybersecurity #memory-safety #venture-capital #technology #hardware-solutions
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