MetisX
Assembly Line
MetisX, a fabless startup in South Korea, raises $44M in Series A funding
MetisX, a fabless startup based in South Korea, has recently secured $44 million in Series A funding, bringing its total funding to over $50 million. The company, established in 2022, focuses on developing intelligent memory solutions using Compute Express Link (CXL) technology, which is seen as the next-generation standard for interconnect technology. MetisX aims to revolutionize traditional CPU-centric computing architectures by introducing a data-centric approach that promises to be smarter, faster, and more cost-effective.
Despite being in the early stages of development, MetisX has attracted significant attention from new investors such as SV Investment, STIC Ventures, LB Investment, and the Industrial Bank of Korea, as well as follow-on investors from the seed round including Mirae Asset Venture Investment, Mirae Asset Capital, IMM Investment, SBI Investment, Tony Investment, and Wonik Investment Partners. These firms have made bold bets on the company’s potential, both in terms of its innovative product offerings and the expertise of its leadership team.