NYU and Allied Minds-founded Ram technology developer Spin Memory has unveiled deep tech-focused VC firm Abies Ventures as an investor in a $52m series B first announced late last year.

Spin Memory, a US-based random access memory (Ram) technology developer spun out from New York University, on Tuesday¬† added deep tech-focused VC firm Abies Ventures to its series B round, which currently stands at $52m. Semiconductor equipment producers Arm and Applied Materials co-led the round, supplying $29m of equity funding alongside undisclosed new and existing…

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