Japan, Tokyo-based Floadia, a leading developer of embedded flash memory, has successfully raised $70 Million in its Series D funding round. The funding, achieved through a first closing led by Inabata & Co., Ltd. and Cypress Capital, along with additional venture debt from Japan Finance Corporation, will be utilized to bolster sales efforts for embedded flash memory IP cores and advance the development of ultra-low power consumption AI accelerator chips utilizing flash memory devices. Established in 2011 by experienced engineers with a profound background in non-volatile memory development, Floadia's innovative memory technology boasts significantly lower power consumption and higher temperature tolerance compared to competitors, making it a key player in the semiconductor landscape.