U-M startup Movellus raises $6 million in venture funding

By | April 11, 2019
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Movellus Inc., a U-M startup, has secured $6 million in venture funding for a total of $10 million so far. The company provides technology that helps accelerate and optimize semiconductor chip design. Its applications include cloud computing, the Internet of Things, and artificial intelligence.

Movellus, based in San Jose, California, with operations in Ann Arbor, launched in 2016 with help from U-M’s Office of Technology Transfer. U-M Tech Transfer has helped more than 129 startups launch since 2010.

“I’ve worked with U-M Tech Transfer since before we even launched Movellus, and continue to have a productive relationship with the office,” said Mo Faisal, Movellus president and CEO. Faisal earned his master’s and doctoral degrees in electrical engineering from U-M.