sureCore, a provider of low power memory solutions for semiconductor applications, is based in Sheffield. It has developed a low power memory portfolio with world beating low voltage operation and is successfully exploiting growing market demand for more on-chip memory and lower power consumption in leading edge devices, such as those serving the Internet of Things (IoT), wearables and networking spaces.
Founded in 2011 and led by a team of industry experts each with over 30 years of experience, sureCore joined the direct investment portfolio in June 2016, having been sourced from the Group’s managed funds portfolio and having received £2.5million of third party funding prior to Mercia Technologies’ first direct investment.
CEO and co-founder of sureCore Paul Wells has worked in the semiconductor industry for over 30 years including as director of engineering for Pace Networks where he led a multidisciplinary, 70-strong product development team.
Memory designs developed by sureCore have shown in excess of 50% saving in dynamic power consumption and up to 20% reduction in static power, compared to industry standard solutions. Its ultra-low voltage memory is a world first, demonstrating operation at unprecedented low levels. This technology is applicable to wide ranging high worth application markets such as consumer electronics. The product is silicon-proven in leading edge manufacturing technologies and is being evaluated by a number of potential commercial partners.