Weebit Nano

Company Overview

Snapshot

Founded in January 2015, Weebit Nano operates with 11–50 employees and has raised over $210 million across 12 funding rounds. The company went public on the ASX in August 2016 through a reverse merger with Radar Iron.

Business overview

Weebit Nano develops advanced semiconductor memory technology, specifically resistive random-access memory (ReRAM). This technology aims to provide higher performance and lower power memory solutions compared to existing flash memory, serving markets such as IoT devices, smartphones, robotics, autonomous vehicles, 5G communications, and artificial intelligence. The company's ReRAM is based on fab-friendly materials, allowing for easy integration into existing semiconductor manufacturing processes. Weebit Nano operates within the Industrial Technologies sector, focusing on microelectronics and photonics solutions, and is also recognized for its climate tech relevance due to the energy efficiency benefits of its ReRAM over traditional memory solutions.

Strategic signal

In May 2026, Weebit Nano completed a significant capital raise of $73 million on the ASX, with an additional A$102 million raise announced in the same month. This substantial funding is earmarked to accelerate the scale-up and commercialization of its ReRAM technology, particularly in AI applications. This indicates strong investor confidence and a clear strategic push towards market leadership and expanded commercialization of its advanced memory solutions.

Company Intelligence Q&A

What was the purpose of the capital raise in May 2026?

In May 2026, Weebit Nano completed a $73 million capital raise on the ASX. The funds are intended to accelerate the scale-up and commercialization of its ReRAM technology, particularly for AI applications.

What was a key partnership announced in March 2026?

In March 2026, Weebit Nano expanded its collaboration with DB HiTek as part of a Republic of Korea government-funded program. This initiative aims to advance ultra-low-power analog compute-in-memory (ACiM) technology for AI applications, with Weebit's ReRAM technology serving as a foundational element.

What significant licensing agreements did Weebit Nano secure in early 2026?

In January 2026, Weebit Nano secured licensing agreements for its ReRAM technology with major chipmakers onsemi and Texas Instruments. These deals are crucial for the company's commercial rollout and position in the embedded memory market.

What milestone did Weebit Nano achieve with onsemi in October 2025?

In October 2025, Weebit Nano successfully taped out test chips featuring its embedded Resistive Random-Access Memory (ReRAM) module at onsemi’s 300mm production fab. This marked a significant step in their collaboration, with chips developed using onsemi’s Treo platform for final testing and qualification.

When did Weebit Nano join the EDGE AI FOUNDATION?

In September 2025, Weebit Nano joined the EDGE AI FOUNDATION as a Strategic Partner. This partnership aims to advance intelligent systems at the edge by leveraging Weebit's low-power, high-performance ReRAM technology for AI chips.