ANAFLASH Awarded Competitive Grant from the National Science Foundation

Small Business Innovation Research Program (SBIR) Provides Seed Funding for R&D

[San Jose, CA] July 9, 2020 – ANAFLASH Inc. has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $750,000 to conduct research and development (R&D) work on logic compatible non-volatile neural network accelerator using analog compute-in-memory architecture.

ANAFLASH Inc., a Delaware C-Corp., develops energy efficient semiconductor solutions for battery-powered smart edge IoT devices. More reliable and scalable non-volatile computing can be enabled with its cost-effective standard logic based technologies. ANAFLASH aims to provide smart edge AI solutions for the society who currently has concerns on the battery lifetimes and privacy protection.

“NSF is proud to support the technology of the future by thinking beyond incremental developments and funding the most creative, impactful ideas across all markets and areas of science and engineering,” said Andrea Belz, Division Director of the Division of Industrial Innovation and Partnerships at NSF. “With the support of our research funds, any deep technology startup or small business can guide basic science into meaningful solutions that address tremendous needs.”

“This NSF SBIR grant supports commercializing our semiconductor technology solutions to enable power efficient edge AI devices.” said Seung-Hwan Song, Chief Executive Officer of ANAFLASH Inc. “I highly recommend this program to the technology entrepreneurs having a dream to change the world using their technologies."

Once a small business is awarded a Phase I SBIR/STTR grant (up to $256,000), it becomes eligible to apply for a Phase II grant (up to $1,000,000). Small businesses with Phase II grants are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales.

NSF accepts Phase I proposals from small businesses at any time. Small businesses with innovative science and technology solutions, and commercial potential are encouraged to apply. All proposals submitted to the NSF SBIR/STTR program, also known as America’s Seed Fund powered by NSF, undergo a rigorous merit-based review process.

To learn more about America’s Seed Fund powered by NSF, visit:

About the National Science Foundation's Small Business Programs: America’s Seed Fund powered by NSF awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.75 million in funding to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $8.1 billion that supports fundamental research and education across all fields of science and engineering.