Deeptech startup Zero-Error Systems raised $7.5 M oversubscribed Series A funding
An oversubscribed Series A funding round saw an investment of $7.5 million in Singapore-based deep tech startup Zero-Error Systems (ZES).
The Dart Family Office and Airbus Ventures took part in the funding round, according to a statement released by ZES on Monday.
In order to meet the rising demand for radiation protection, power reliability, and data integrity solutions specifically created for Low Earth Orbit satellites, deep space rovers, and landers, as well as a wide range of power management application needs on Earth, the company said this financing will expand the company’s global sales and marketing efforts and speed up its product roadmap journey.
The company’s R&D efforts in Singapore will also be supported by this most recent round of funding, which will also speed up global customer design-in initiatives.
The statement claims that there has been a noticeable rise in businesses producing application-rich satellites and highly precise space robots in recent years for lunar and Mars missions.
Although hardware and semiconductor innovations are equally important in supporting the high processing power required, ensuring reliability in extreme environments, and enabling higher power density in energy-constrained satellites while extending their lifespan in space, it was noted that software and algorithms play a crucial role in driving intelligence.
“Many aerospace companies rely on Commercial Off-the-Shelf (COTS) semiconductor devices for their satellite electronics systems, which are not designed to withstand the harsh conditions of space,” said Dr. Shu Wei, Chief Technology Officer and Co-Founder of ZES.
“Our capabilities address essential power reliability and data integrity concerns by safeguarding COTS semiconductor devices from malfunctions with our patented radiation hardening technologies,” he said.
ZES was established in 2019 by seasoned semiconductor industry veterans and integrated circuit design experts with a deep understanding of semiconductor device characteristics, their behavior in various radiation scenarios, and the crucial radiation-hardened mechanisms required to protect semiconductors’ physical integrity. ZES is a university spin-off from Nanyang Technological University Singapore.
The company offers high-reliability semiconductor integrated circuits (ICs) and services for reliability testing that enable higher functionality, lower costs, longer lifetimes, and higher power efficiency for space and various power management applications.
“ZES takes pride in being a pioneering Asian semiconductor startup to develop radiation-hardened semiconductor solutions,
“By bridging the space and semiconductor industries, ZES plays a strategic role in Singapore’s tech landscape,” said Khor Hwai Lin, Vice President of Business Development and Strategy at ZES.
“As part of ZES’ new growth plan, our team now plans to elevate its engineering capacity by recruiting additional electronics engineers specializing in space and various power management applications,” she said.
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