Numem (previously NVMEngines) is a US-based early stage company that develops high-performance, low-power embedded STT-MRAM IP cores for the IoT, micro-controller and automotive markets. Numem says its memory enables a 2-3x smaller memory area and 20x to 50x lower standby power compared to SRAM.
The company also develops design automation tools to optimize Power/Performance/Area (applicable for MRAM and ReRAM technologies).
In September 2023, Numem secured its Series A financing round.
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Numem to start sampling MRAM chiplets by the end of 2025
High-performance STT-MRAM developer Numem announced that it expects to start samplings its MRAM chipsets, to enable non-volatile, high-speed and ultra-low power solutions to chip designers.
Numem says that the company's chiplets deliver up to 4TB/sper 8-die memory stack, exceeding existing AI memoryHBM solutions. It supports 4GB per stack package, and is optimized for AI applications across OEMs and hyperscalers.
Numem and IC’ALPS co-develop a custom MRAM-powered AI accelerator
High-performance STT-MRAM developer Numem announced that in collaboration with ASIC/SoC designer IC’ALPS it has developed an integrated circuit with RISC-V processors, 2MBytes of NuRAM and a DSP/AI Custom Datapath Accelerator.
The two companies co-developed the SoC in an advanced technology node, taking advance of the high-performance and low power consumption of Numem's memory technology. The company also details that the physical implementation of this integrated circuit was made in a secure space (isolated location, network, and servers, and encrypted exchanges) to meet with the stringent protection of sensitive data required by this program. Numem and IC’Alps intend to extend their partnership to serve new SoC projects for customers.
STT-MRAM developer Numem secured its Series A funding round
High-performance STT-MRAM developer Numem announced that it has secured a Series A funding round, with investments from Cambium Capital and Doorga Capital. The company did not detail the investment amount.

In 2020, Numem announced that it has been selected for a NASA AI project, for which the company will supply its Numem NuRAM MRAM-based Memory.
Numem to supply its STT-MRAM to a NASA AI core project
High-performance STT-MRAM developer Numem announced that it has been selected for a NASA AI project, for which the company will supply its Numem NuRAM MRAM-based Memory. Numem says its memory enables a 2-3x smaller memory area and 20x to 50x lower standby power compared to SRAM.
The project, titled âDNN Radiation Hardened Co-processor as companion chip to NASAâs upcoming High-Performance Spaceflight Computing Processorâ will develop a reconfigurable DNN Engine with multiple compute units which can support a wide range of DNN models and frame rates.