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SCI Semiconductor raises €3M: Co-founder Haydn Povey on building world’s first memory-safe chip to combat rising cyberattacks
- UK-based SCI Semiconductor raises £2.5M in a funding round led by Mercia Ventures through NPIF II, with support from UK and Silicon Valley investors.
- Mercia Ventures, a VC investor, focuses on growth and makes equity investments across various sectors, including Deep Tech.
- Funding will help SCI Semiconductor address memory safety, a critical factor in 70% of cyber attacks, with a focus on hardware solutions.
- SCI aims to resolve memory safety issues that traditional programming languages overlook, causing vulnerabilities in systems.
- SCI Semiconductor embarks on developing ICENI devices to enhance security and prevent cyber threats by controlling memory access.
- The company's chip architecture, based on CHERI technology, is expected to revolutionize secure computing in critical infrastructure sectors.
- SCI Semiconductor recognizes the evolving cyber threats and intends to provide long-term solutions through their memory-safe chip architecture.
- By implementing robust compartmentalization and memory segmentation, SCI aims to reduce exploit severity and enhance system security.
- The adoption of SCI's chip architecture can lead to more robust systems, mitigating the impact of potential exploits and improving cybersecurity.
- To facilitate the transition to new chip architectures, SCI suggests using firewall boxes as protective layers for legacy systems, ensuring enhanced security.
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