EUROPEAN INNOVATION COUNCIL AND SMES EXECUTIVE AGENCY - Spintronics: Deeptech Nellow wins 2.5 million euros from the European Innovation Council

L'Usine Nouvelle | 15/01/2025 | France - Based in Grenoble, the very young deeptech Nellow has won 2.5 million from the European Innovation Council. This funding will help it develop its innovative component, combining ferroelectricity and spintronics, which promises chips that consume 1000 times less energy. Nellow is a laureate of the European Innovation Council (EIC), announced the French deeptech on Monday, January 13, 2024. This will result in the upcoming payment of a subsidy of 2.5 million euros, after some administrative formalities.

date: 15/01/2025

Founded a few months ago and based in Grenoble, Nellow is developing a component, called Feso, which combines ferroelectricity and spintronics - spinorbitronics, to be exact.

The promise? Chips whose energy consumption is divided by 1000. The transistor could even be replaced by 2035. At least that is the long-term ambition of deeptech… Making a demonstrator

Nellow is precisely a winner of the EIC Transition, preceding the Accelerator phase. The general idea is to give a financial boost to start-ups so that the technological maturity level (or TRL) progresses from 3 or 4 to 6.

Jean-Philippe Attané, CEO of Nellow, illustrates this with concrete examples: “We are going to make a demonstrator of our technology, showing in particular its integration on silicon. In parallel, we will develop the design of the microelectronic circuits – how to design them, assemble them, connect them, etc. – associated with this Feso component.”