Reduced Energy Microsystems
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Reduced Energy Microsystems (REM) was a San Francisco fabless semiconductor startup founded in 2015 by Eleazar Vega-Gonzalez, William Koven and Dylan Hand. Accepted into Y Combinator's Summer 2015 batch as the accelerator's first chip startup, it designed ultra-low-power asynchronous processors for embedded computer vision and AI at the edge, targeting cameras, drones, wearables and robots. It built a real asynchronous chip under a $300,000 customer contract and raised a $2 million seed round from Draper Associates.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Co-founded in San Francisco; joined Y Combinator's Summer 2015 batch as the accelerator's first chip startup.
- Product launch
Demoed at Y Combinator's Winter 2016 demo day, showing a real asynchronous chip built under a $300,000 customer contract.
- Funding round
Raised a $2 million seed round from Draper Associates; in December it joined the GLOBALFOUNDRIES FDXcelerator program to bring RISC-V IP to the 22FDX process.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.