Growth capital raising essay

Sale at the present is divided between Adobe flash memories and hard disk drive. While both presently undergo tremendous increases in performance, additionally, they face serious limitations for the the middle of term future (2015). Beyond the technological barrier A number of physical factors related to the magnetic channel that retailers the data portions are constraining the increase of density for hard disk drive technology but also for Magnet Random Access Memory (MRAM) that displays great guarantee in providing fast go through nd write performance with non-volatility in one technology.

SILTENE is rolling out a back solution to deal with magnetic supplies for improving their activities, reducing production costs and improving yield for both equally HDD and MRAM applications. Beneficial marketplace SILTENE targets the Hard Travel Disk and MRAM markets. Three businesses share the 50 billion dollars dollars HARD DRIVE market. These businesses cooperate to develop new criteria for ultrahigh-density devices. The MRAM marketplace is still appearing but it should certainly grow extremely rapidly over the following few years (1 billion predicted by 2018).

Analysts consider MRAM since the universal memory because they have the potential to exchange Flash, SRAM and MASS memories soon.

Our task SILTENE should become the innovator in advanced magnetic components for powerful, low power Hard Disk Drive and MRAM applications and strategies to establish a new manufacturing common by producing advanced operations and associated treatment tools compatible with large scale. Our technology is currently being tested with hard disk drive and MRAM firms. A highly dynamic team and an influential network

Cyril Torre, is the leader & C. F. O of the company. He holds a PhD in science and analyzed entrepreneurship at Ecole Centrale and HEC Paris. Dafln Ravelosona, C. E. To & C. T. U, holds a PhD in physics and is also a known worldwide expert in spintronics. This individual also worked well for a couple of years in the HDD research centre of Hitachi GST and is currently group leader by CNRS. He also studied entrepreneurship at HEC Paris, france. Antonio Villari, C Um O, contains a L D in physics. He could be a internationally known expert in development ot ion supply and was C. To.

O in Pantechnik to get 10 years (world leader in Electron Cyclotron Resonance ion sources). The advisory plank of SILTENE is composed of world- renowned scientists, entrepreneurs and business developer (E. Fullerton, A. Kent, R. Cowburn, A. Steiner) Fundraising to develop the company SILTENE has increased 500kš of seed money from public aid (OSEO emergence this year and OSEO cration-dveloppement in 2012) and has been awarded several creativity prizes. SILTENE is now looking for private fund-collecting of 1 Mš as a first step to enhance the R&D and create up an industrial modele.

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