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Weebit Nano

Category: AI Chips / Semiconductors

Developer and licensor of advanced Resistive RAM (ReRAM) semiconductor memory technology, offering a non-volatile memory alternative to flash for AI, IoT, automotive, and industrial applications. Weebit Nano was founded in 2015. The company is led by Coby Hanoch. Based in Hod HaSharon, Israel. Team size: 51-100. Total funding raised: $102M. Latest round: Venture Round. Key investors include Institutional investors (underwritten placement), Israeli institutional investors, Retail shareholders via SPP.

Founded
2015
Headquarters
Hod HaSharon, Israel
Team size
51-100
Total funding
$102M

Value proposition

Weebit ReRAM delivers a combination of high performance, low power, and low cost not achievable by other NVMs, using fab-friendly materials that require no specialized equipment, enabling easy integration as a drop-in replacement for flash memory.

Products and solutions

Embedded ReRAM IP (resistive random-access memory) for SoC designs, ReRAM in SkyWater S130 (130nm), ReRAM in DB HiTek 130 (130nm BCD), ReRAM on GlobalFoundries 22FDX, ReRAM qualified at 65nm and 28nm nodes, ReRAM simulated on FinFET nodes, Discrete (stand-alone) ReRAM memory development, Neuromorphic computing ReRAM solutions, Commercial customer tape-outs (two products)

Unique value

Industry's most advanced ReRAM technology using only fab-friendly materials (no rare earth, no contamination risk) with superior performance, lower power, and easier integration than flash or MRAM, backed by Tier-1 customer validations from Texas Instruments and onsemi.

Target customer

Global semiconductor companies, integrated device manufacturers (IDMs), and foundries integrating non-volatile memory into SoC designs for AI inference, automotive, IoT, industrial, aerospace/defense, and mixed-signal applications.

Industries served

AI/Edge AI, Automotive, IoT & MCUs, Aerospace & Defense, Mixed-Signal & Power Management, Neuromorphic Computing, Consumer Electronics

Technology advantage

ReRAM technology based on fab-friendly materials (no specialized equipment needed); proven at 130nm, 28nm, and 22nm nodes; AEC-Q100 automotive qualified; excellent high-temperature retention; lower power than flash; scalable beyond flash limitations below 28nm; environmentally friendly (no rare earth materials, lower GHG footprint).

How they differentiate

Unlike MRAM competitors (Everspin, etc.), Weebit ReRAM uses simpler materials without magnetic tunnel junctions, enabling easier integration and lower cost. Unlike flash, ReRAM is scalable below 28nm and offers faster speeds with lower power. Weebit is the leading independent ReRAM IP licensor with Tier-1 customer validations from Texas Instruments and onsemi.

Main competitors

Crossbar Inc. (ReRAM), eMemory Technology Inc. (embedded NVM IP), Everspin Technologies (MRAM)

Key partnerships

CEA-Leti (R&D partner), SkyWater Technology (foundry), DB HiTek (foundry), GlobalFoundries (22FDX platform), Texas Instruments (licensee), onsemi (licensee), Efabless (chip design platform), EDGE AI FOUNDATION (strategic partner), EMASS (AI hardware), Silvaco (TCAD), Politecnico di Milano (neuromorphic research), Technion (research)

Notable customers

Texas Instruments (TI), onsemi (ON Semiconductor), SkyWater Technology, DB HiTek

Major milestones

2015: Founded, 2016: Listed on ASX (WBT), 2017: Appointed Coby Hanoch as CEO, 2021: First foundry partnership with SkyWater, 2023: DB HiTek partnership, automotive qualification, 2024: First $1M revenue, licensed ReRAM to onsemi, 2025: Licensed ReRAM to Texas Instruments, AEC-Q100 qualification, quadrupled revenues YoY, 2026: Raised ~A$102M capital

Growth metrics

H1 FY26 (Jul-Dec 2025) revenue: A$5.6M (800% YoY increase); FY2025 revenue: ~A$4.4M; FY2026 guidance: at least A$10M; Market cap: ~A$704M-945M (2026); Cash position post-raise: ~A$172M

Market positioning

Publicly listed (ASX:WBT) semiconductor IP company transitioning from R&D to commercial stage; positioned as the leading independent ReRAM IP provider targeting the ~$184B NVM market by 2030; validated by Tier-1 customers (TI, onsemi) and multiple foundry partnerships.

Geographic focus

Global (HQ Israel, offices in France & US, sales worldwide; partnerships in Korea, US, Europe)

Patents and IP

Founded on patents developed by Professor James Tour of Rice University; multiple granted patents in NVM field held by leadership team (Ishai Naveh, Ilan Sever hold numerous NVM patents)

About Coby Hanoch

Ex-CEO PacketLight Networks; VP Worldwide Sales at Verisity and Jasper Design Automation; Founder of EDAcon Partners. B.Sc. in Systems Design from Technion – Israel Institute of Technology. 45+ years in semiconductor industry.

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