Company

Nine years spent on the part everyone else skips

Founded in 2017 by Mihai Raneti, CyberSwarm started with a question about materials rather than a question about architectures: if a component can store a value and multiply by it at the same time, what kind of machine can you build?

The premise

Memory and computation were never supposed to be separate

Every conventional processor keeps them apart and pays a toll on every operation to move data between them. Biology does not work that way. A synapse is memory and computation in one place, and it costs almost nothing to maintain.

A memristor is the closest electronic analogue we have. CyberSwarm started in Ploiești, in a lab rather than a slide deck, working out how to write reliable resistive states into an IGZO thin film and how to read them back without disturbing them. Everything since, the array, the compiler, the runtime. Sits on top of that work.

The device physicists who filed the founding patents still work here. Viorel-Georgel Dumitru, Cristina Besleaga Stan, Alin Velea, Aurelian-Cătălin Galca are named on the core grants. The IP and the lab are the same effort.

Physics first

We do not simulate a brain on top of a digital machine. The computation happens in the material. Ohm’s law and Kirchhoff’s law do the multiply-accumulate, for free.

Edge-native, not edge-adapted

The engine was designed for the constraint that matters in the physical world: a fixed power budget, no network, and a decision that has to land in milliseconds.

Own the stack that matters

Device, array, compiler and runtime are developed together. That is why the portfolio starts at the material and ends at a deployable model.

Sovereign by construction

Inference never leaves the device. No cloud dependency, no telemetry, no third party in the loop. That is a property of the architecture, not a policy setting.

Timeline

Nine years, left to right

Drag the rail, or use the arrows. Nothing moves on its own.

  1. 2017

    CyberSwarm is founded

    Mihai Raneti starts the company in Ploiești to explore what memristors make possible once memory and computation stop being separate things.

  2. 2018

    First institutional backing and first filings

    Draper Associates invests. The founding device patents are filed, covering IGZO resistive synapses and the crossbar structures built from them.

  3. 2019 to 2022

    From a working device to a working array

    The lab moves from single programmable resistive elements to transparent IGZO thin-film synapse arrays, with characterisation data feeding a device model that the simulator still uses today.

  4. 2022 to 2024

    A stack around the silicon

    Compiler, runtime and hardware abstraction layer come together so a trained network can be tiled, quantised and mapped onto physical crossbars without hand-tuning.

  5. 2024

    Core patents granted

    US 12,069,870 is granted for the synapse array. The portfolio passes 30 filings across device physics, array architecture and secure edge systems.

  6. 2026

    $50M Series A

    Falanga Invest leads a $50 million Series A to scale the architecture, grow the engineering team and support first commercial deployments.

The team

Nine people, and the nine years behind them

Device physics, array architecture, the toolchain, and the people who keep all three funded and explained. Seven of the nine are pictured here.

Mihai Raneti

Mihai Raneti

Founder and Chief Executive

Started the company in 2017 and has been raising money for the architecture ever since, including the eight years before anyone said yes.

Viorel Dumitru

Viorel Dumitru

Chief Scientist

The physics the whole thing rests on: how a resistive state is written into a thin film, and how reliably it stays there.

Andrei Iliescu

Andrei Iliescu

Neuromorphic Engineering

Turning devices into an array that computes: the crossbar, the tiling, and what happens at the edges of both.

Gabriel Dinu

Gabriel Dinu

Software Engineering

The toolchain a partner actually touches. Export from PyTorch, the compiler, the runtime and the simulator behind them.

Delia Nan

Delia Nan

Communications and brand

How the company explains itself, from the brand identity through to what the press gets when they call.

Cristina Huides

Cristina Huides

Marketing

Getting the work in front of the people who can use it, across the six industries the engine is built for.

Veronica Gaftoi

Veronica Gaftoi

Finance

The runway. Nine years of device research funded through to a Series A is a finance achievement as much as an engineering one.

Inside the lab

Where the device actually comes from

Grow the film, ask what it became, then measure it one device at a time. The photographs below run in that order, because that is the order the work happens in.

Photograph 1 of 13. Where the film is grown.

A stainless steel vacuum deposition chamber with bolted viewports and a gate valve on one side.

01 / 13

Where the film is grown

Everything starts inside this. The chamber is pumped down before anything is deposited, because at ordinary pressure the layer would grow with the room in it. What comes out is a film a few tens of nanometres thick whose electrical behaviour is decided by how it was grown, not by anything done to it afterwards.

Fabrication and characterisation are shared with partner research institutes.

Locations

Three sites, one engineering effort

Device fabrication, characterisation, architecture and software sit close enough together that a measurement in the lab reaches the compiler team the same week.

San Mateo

California, USA

Headquarters & commercial

Bucharest

Romania

Architecture, silicon & software

Ploiești

Romania

Device fabrication & characterisation lab

Tim Draper was the 1,214th investor I spoke to, after roughly 16,000 emails sent over a period of eight years.

Mihai Raneti · Founder & CEO, CyberSwarm

This Series A marks the beginning of the next phase for CyberSwarm and for neuromorphic computing itself. We believe the future of AI will require entirely new architectures, and CyberSwarm is building toward that future.

Mihai Raneti · Founder & CEO, CyberSwarm

For investors

Why this architecture, and why now

A $50 million Series A led by Falanga Invest, with Draper Associates backing the company since 2018. The market thesis, what the money is being spent on, the traction behind it and an honest account of the risk that is still ahead.

Read the investment case
$50M
Series A
Falanga Invest
Led by
2018
Draper backed since

We are hiring across device physics and software.

If you want to work on the layer under the layer, write to us at office@cyber-swarm.net.