Epic Semi
↗Vancouver, Canada
Epic Semi is a deep-technology fabless semiconductor company that pioneered a new category of battery-free, always-on sensing and intelligence. The company specializes in ultra-miniaturized AI-enabled chips, often referred to as 'Smart Dust,' which operate without batteries, RF communication, or external infrastructure by utilizing ambient energy harvesting and proprietary non-magnetic signaling.
In late 2024, the company underwent a major expansion as Saudi Arabia's first fabless semiconductor company, aligning with the Saudi Vision 2030 initiative. Its technology is designed for high-risk and infrastructure-constrained environments, with significant applications in medical logistics, in-body diagnostics, pathogen detection, and 'smart' surgical devices such as balloon catheters and stents.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Medical Devices
Sub-Industry:Digital Health / MedTech Semiconductors
SIZE & FINANCIALS
Employees:51-200
Revenue:$100M
Founded:2008
Ownership:private
Status:operating
FUNDING
Stage:Late Stage / Government Backed
Total Raised:$15M+
Investors:National Semiconductor Hub (KSA), ventureLAB, National Research Council of Canada (NRC-IRAP)
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Technology Platform)
Modalities:Biosensors, Implantable Devices, AI-enabled Diagnostics
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:National Semiconductor Hub (Saudi Arabia) - Strategic localization and sovereign AI buildout, Sahajanand Laser Technology Ltd (India) - Development of 'smart' balloon catheters and stents, DARPA ERIS Marketplace - Recognized as an 'Awardable' solution for national security
COMPETITION
Position:Niche Player
Competitors:Neuralink, Synchron, Nvidia (Edge AI), Qualcomm (IoT)
LEADERSHIP
Key Executives:
Naveed Sherwani - CEO
Shafy Eltoukhy - CTO
Chloe Jian Ma - Chief Business Officer
Scientific Founders:Linda Zadeh (Founder)
LINKS
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