What is IntrinSic?
Founded in 2017, IntrinSic operates as a specialized technology firm dedicated to the development of commercial prototypes for next-generation memory devices. The company's core business model centers on the creation and licensing of intellectual property, providing chip manufacturers with the foundational technology required to enhance memory performance and reliability. By maintaining a lean, R&D-focused structure, IntrinSic effectively translates complex physical science breakthroughs into scalable, market-ready solutions. Its strategic location in London allows it to tap into a rich ecosystem of academic research and engineering talent, ensuring a steady pipeline of innovation that addresses the evolving needs of the global electronics industry.
How much funding has IntrinSic raised?
IntrinSic has raised a total of $11.6M across 3 funding rounds:
Angel/Seed
$1.9M
Grant
$1.2M
Other Financing Round
$8.5M
Angel/Seed (2021): $1.9M with participation from IP Group and The UCL Technology Fund
Grant (2023): $1.2M led by Innovate UK
Other Financing Round (2023): $8.5M supported by UCL Technology Fund, IP Group, and Octopus Ventures
Key Investors in IntrinSic
IP Group
IP Group is a conglomerate that specializes in intellectual property commercialization, transforming innovative ideas from university partnerships into viable businesses.
UCL Technology Fund
UCLTF is dedicated to investing in the commercialization of research opportunities from University College London, focusing on advancing physical and life sciences innovations.
Octopus Ventures
Octopus Ventures is a founder-focused venture capital firm backing mission-driven companies across software, climate, health, and financial technology.
What's next for IntrinSic?
With the recent influx of capital, IntrinSic is poised to transition from prototype development to broader commercial deployment. The strategic roadmap likely involves deepening partnerships with major semiconductor foundries and refining its IP portfolio to meet the rigorous standards of high-volume manufacturing. As the company moves into this next phase of maturity, the focus will shift toward securing long-term licensing agreements and optimizing its technology for integration into diverse consumer and enterprise hardware. The continued support from its investor base suggests a strong confidence in IntrinSic's ability to disrupt the memory sector and establish itself as a critical supplier in the global chip supply chain.
See full IntrinSic company page
