Quinas Technology, a semiconductor startup developing memory technologies for artificial intelligence, data centres and edge computing, has secured funding from Malta Government Venture Capital. The support is provided under a co-investment framework and is contingent on match financing, supporting Quinas Technology’s expansion activities linked to Malta.
Originating from more than a decade of research at Lancaster University in the United Kingdom, ULTRARAM is designed to address limitations in existing memory systems. Combining the speed and endurance of DRAM with the persistence of flash memory, the technology targets bottlenecks in AI and edge compute systems where performance and energy efficiency are critical.
As part of its international growth strategy across the United Kingdom, Europe and Asia, Quinas Technology is establishing a presence in Malta. The country will support corporate structuring, strategic operations and future commercial activity while contributing to the company’s progression towards commercial deployment.
We are delighted to receive this commitment from Malta Government Venture Capital. It reflects Malta’s ambition to support deep-tech companies at the forefront of semiconductor innovation and provides an important foundation as we continue to scale ULTRARAM towards commercial deployment.
Semiconductors are a foundational technology for economic resilience and national competitiveness. Quinas Technology represents the type of high‑value, IP‑driven company that aligns with Malta’s long‑term vision to attract advanced technology investment and talent.
