Latest news with #IMP
Yahoo
11-06-2025
- Business
- Yahoo
ZeroRISC Closes $10 Million in Seed Funding Led by Fontinalis to Accelerate Commercial Adoption of Open-Source Silicon for Secure Devices
Investment to Fuel Rapid Adoption of OpenTitan-Based Open-Source Silicon Security Solutions to Address Need for Silicon Supply Chain Integrity, Ownership Control, and Device Management BOSTON, June 11, 2025--(BUSINESS WIRE)--ZeroRISC, a leading provider of silicon supply chain integrity solutions leveraging open-source silicon, today announced the close of its oversubscribed seed round with $10 million in new funding, led by Fontinalis Partners. Additional participants include Fundomo, Analog Devices co-founder Ray Stata, SemiAnalysis founder Dylan Patel, SBXi, Chelpis, Bond Street LLC, and existing angel investors. ZeroRISC CEO and founder Dominic Rizzo founded the OpenTitan project in 2019, the first open-source silicon root of trust (RoT) and the first ever open-source chip to reach widespread commercial availability. Since founding ZeroRISC in April 2023, Rizzo and his team have been pivotal in advancing a vision of secure, open silicon for all. The team successfully transitioned the project from development to commercialization in partnership with Nuvoton and the open-source ecosystem to drive its first commercial tapeout. "ZeroRISC is executing on a classic Silicon Valley playbook - the founder of an open-source project launches a startup to bring the technology to a broader universe of enterprise customers," said Gabe Cunningham, Partner, Fontinalis. "Commercial open silicon can enable a new generation of secure-by-default devices." ZeroRISC is expanding access to production-grade, OpenTitan-based designs suitable for every strata of the silicon supply chain from IoT to datacenters. Built for seamless integration into system-on-chips (SoCs), chiplets, and devices, its universal silicon security platform supports numerous applications. ZeroRISC's Integrity Management Platform (IMP) decouples device security from place of manufacture, scaling ownership and control with software rather than relying on physical possession. Device consumers can define security policies suited to their operational needs rather than relying on operating system developers or manufacturers to impose ill-fitting controls. "Once considered a niche idea, open-source silicon is becoming an inevitability with the adoption of implementations like OpenTitan by Google," said Rizzo. "Leveraging open-source silicon means we can deliver 'big tech'-like device security to every segment of the silicon ecosystem. Moving away from unverifiable 'black boxes' and towards fully transparent and verifiable foundations unlocks a new paradigm, putting device owners back in control of their remotely connected devices without requiring physical diligence by hardware manufacturers. Instead, any trusted stakeholder in the supply chain can leverage ZeroRISC's software-based monitoring to build confidence and retain control." ZeroRISC's secure-by-design approach starts security as early as possible, during chip design and manufacturing with transparent OpenTitan-based implementations. This assurance-first approach ensures that security starts below the operating system, offering protection against the most sophisticated hardware and firmware attacks and more common software vulnerabilities. As regulators push liability to manufacturers and with annual cyber insurance premiums expected to reach $23 billion by 2026, ZeroRISC gives CISOs final authority over what software can run on their devices, preventing unauthorized actions. ZeroRISC forges immutable trust of hardware by software, securing the entire supply chain from the factory to in-field operation. The company has attracted notable support from technology industry luminaries, including Analog Devices co-founder Ray Stata, who noted, "ZeroRISC is making truly trustworthy supply chain security accessible to every organization and end customer, not just those with specialized hardware or significant budgets. This is a massive shift." "ZeroRISC will become a foundational requirement for future systems essential for combating AI deepfakes and similar threats by ensuring end-to-end attestation, from real sensor data capture to the verified AI model and prompt used to generate outputs," said Rajeev Surati, Investor, Fundomo. In February 2024, ZeroRISC introduced the first open-source chip built on the OpenTitan secure silicon design, produced commercially by Nuvoton Technology Corporation. This platform RoT marks a critical milestone in bringing trustworthy and secure open silicon to the global market. Based on strong interest from end users, OEMs, and SoC vendors, ZeroRISC is offering an early access program to express interest in the first silicon or future collaboration. ZeroRISC is hiring. Explore open roles and learn more about ZeroRISC at: About ZeroRISC ZeroRISC is expanding security by empowering device owners and operators in crucial sectors like silicon production, IoT, and critical infrastructure with full device ownership, control, and visibility. With transparent and trustworthy OpenTitan-enabled designs, ZeroRISC's Integrity Management Platform affords customers the power to separate device security from place of manufacture by forging immutable trust of hardware by software. Headquartered in Boston, MA, ZeroRISC was founded by Dominic Rizzo, the OpenTitan project founder. The company is a leading project contributor, driving the commercialization of open-source silicon designs and device management software. For more information, visit View source version on Contacts Media: Ellen MilesMarketbridge for ZeroRISCzeroRISC@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
11-06-2025
- Business
- Business Wire
ZeroRISC Closes $10 Million in Seed Funding Led by Fontinalis to Accelerate Commercial Adoption of Open-Source Silicon for Secure Devices
BOSTON--(BUSINESS WIRE)-- ZeroRISC, a leading provider of silicon supply chain integrity solutions leveraging open-source silicon, today announced the close of its oversubscribed seed round with $10 million in new funding, led by Fontinalis Partners. Additional participants include Fundomo, Analog Devices co-founder Ray Stata, SemiAnalysis founder Dylan Patel, SBXi, Chelpis, Bond Street LLC, and existing angel investors. 'Once considered a niche idea, open-source silicon is becoming an inevitability with the adoption of implementations like OpenTitan by Google,' said Dominic Rizzo, CEO and Founder, ZerorRISC. ZeroRISC CEO and founder Dominic Rizzo founded the OpenTitan project in 2019, the first open-source silicon root of trust (RoT) and the first ever open-source chip to reach widespread commercial availability. Since founding ZeroRISC in April 2023, Rizzo and his team have been pivotal in advancing a vision of secure, open silicon for all. The team successfully transitioned the project from development to commercialization in partnership with Nuvoton and the open-source ecosystem to drive its first commercial tapeout. "ZeroRISC is executing on a classic Silicon Valley playbook - the founder of an open-source project launches a startup to bring the technology to a broader universe of enterprise customers," said Gabe Cunningham, Partner, Fontinalis. "Commercial open silicon can enable a new generation of secure-by-default devices." ZeroRISC is expanding access to production-grade, OpenTitan-based designs suitable for every strata of the silicon supply chain from IoT to datacenters. Built for seamless integration into system-on-chips (SoCs), chiplets, and devices, its universal silicon security platform supports numerous applications. ZeroRISC's Integrity Management Platform (IMP) decouples device security from place of manufacture, scaling ownership and control with software rather than relying on physical possession. Device consumers can define security policies suited to their operational needs rather than relying on operating system developers or manufacturers to impose ill-fitting controls. 'Once considered a niche idea, open-source silicon is becoming an inevitability with the adoption of implementations like OpenTitan by Google,' said Rizzo. 'Leveraging open-source silicon means we can deliver 'big tech'-like device security to every segment of the silicon ecosystem. Moving away from unverifiable 'black boxes' and towards fully transparent and verifiable foundations unlocks a new paradigm, putting device owners back in control of their remotely connected devices without requiring physical diligence by hardware manufacturers. Instead, any trusted stakeholder in the supply chain can leverage ZeroRISC's software-based monitoring to build confidence and retain control.' ZeroRISC's secure-by-design approach starts security as early as possible, during chip design and manufacturing with transparent OpenTitan-based implementations. This assurance-first approach ensures that security starts below the operating system, offering protection against the most sophisticated hardware and firmware attacks and more common software vulnerabilities. As regulators push liability to manufacturers and with annual cyber insurance premiums expected to reach $23 billion by 2026, ZeroRISC gives CISOs final authority over what software can run on their devices, preventing unauthorized actions. ZeroRISC forges immutable trust of hardware by software, securing the entire supply chain from the factory to in-field operation. The company has attracted notable support from technology industry luminaries, including Analog Devices co-founder Ray Stata, who noted, 'ZeroRISC is making truly trustworthy supply chain security accessible to every organization and end customer, not just those with specialized hardware or significant budgets. This is a massive shift.' 'ZeroRISC will become a foundational requirement for future systems essential for combating AI deepfakes and similar threats by ensuring end-to-end attestation, from real sensor data capture to the verified AI model and prompt used to generate outputs,' said Rajeev Surati, Investor, Fundomo. In February 2024, ZeroRISC introduced the first open-source chip built on the OpenTitan secure silicon design, produced commercially by Nuvoton Technology Corporation. This platform RoT marks a critical milestone in bringing trustworthy and secure open silicon to the global market. Based on strong interest from end users, OEMs, and SoC vendors, ZeroRISC is offering an early access program to express interest in the first silicon or future collaboration. ZeroRISC is hiring. Explore open roles and learn more about ZeroRISC at: About ZeroRISC ZeroRISC is expanding security by empowering device owners and operators in crucial sectors like silicon production, IoT, and critical infrastructure with full device ownership, control, and visibility. With transparent and trustworthy OpenTitan-enabled designs, ZeroRISC's Integrity Management Platform affords customers the power to separate device security from place of manufacture by forging immutable trust of hardware by software. Headquartered in Boston, MA, ZeroRISC was founded by Dominic Rizzo, the OpenTitan project founder. The company is a leading project contributor, driving the commercialization of open-source silicon designs and device management software. For more information, visit
Egypt Today
26-05-2025
- Business
- Egypt Today
Shark Tank Business Park: A Revolutionary Development by Madinet Masr with Innovative Media Productions (IMP) & Sony Pictures Entertainment
Madinet Masr (EGX Code: one of Egypt's leading real estate developers, in partnership with Innovative Media Productions (IMP) and Sony Pictures Entertainment, announces the world's first business-themed park inspired by the global hit show Shark Tank — Shark Tank Business Park, located in Taj City. This one-of-a-kind destination is designed to seamlessly blend work and play within a dynamic environment that unlocks human potential and drives business growth. Strategically located in Taj City, the 20-acre development reimagines how entrepreneurs work, and play—all within a unified and unforgettable experience. It creates a vibrant ecosystem where creativity, ambition, and well-being coexist in harmony. Built around immersive, experience-driven design principles, Shark Tank Business Park features fluid architecture, lively landscapes, gaming pods, and lush garden brainstorming zones, all curated to spark spontaneous collaboration and innovation. The development integrates next-generation office spaces and cultural venues, while also hosting a co-working space—a hub for future business leaders and innovators. Speaking about the upcoming project, Eng. Abdallah Sallam, President and CEO of Madinet Masr, stated: 'Shark Tank Business Park is the first of its kind globally. Inspired by the worldwide success of Shark Tank, the project reflects our vision to create spaces that go beyond functionality. This is more than just office space; we are building a fully integrated ecosystem, featuring thoughtfully designed landscapes and architecture. Every detail has been curated to foster creativity, productivity, and overall well-being within a vibrant business community. Since 2022, we have been driving a comprehensive transformation focused on growth and long-term value creation, Shark Tank Business Park marks a strategic milestone in this journey, reflecting our belief that a strong connection to one's environment empowers exceptional outcomes.' He added, 'The future of work is being reshaped by new generations prioritizing flexibility, purpose, and well-being. Shark Tank Business Park proactively addresses these shifts by creating a space that fosters creativity, human potential, and entrepreneurial thinking, setting a new benchmark for business environments and driving sustainable growth in Egypt and the region.' Spanning over 20 acres and comprising 16 buildings, Shark Tank Business Park is set to become a landmark destination for innovation and entrepreneurship. The first phase will be delivered by 2029, with an investment exceeding the equivalent of USD 1 billion.
Edmonton Journal
24-05-2025
- Business
- Edmonton Journal
What the data show about the state of immigration in Canada since cuts were announced
Article content According to Statistics Canada data, the overall population reached 41,528,680 on Jan. 1, 2025, up from 41,465,298 on Oct. 1, 2024, an increase of 63,382, the report states. 'By contrast, the population increase between the two previous quarters was 176,699. Immigration level reductions played a critical role in the outcome,' the report states. While the number of new permanent residents in a single quarter declined by 15 per cent, when comparing the first quarter of 2024 to the first quarter of 2025, the largest reduction in newcomers was attributed to temporary residents who came via the International Mobility Program (IMP). The program allows companies to hire temporary foreign workers without the usual Labour Market Impact Assessment. The IMP includes the post-graduate work permits granted to international students, the International Experience Canada stream for workers aged 18 to 35, free trade agreements, company transfers and permits for high-demand occupations, such as software engineers, among other programs.
Calgary Herald
24-05-2025
- Business
- Calgary Herald
What the data show about the state of immigration in Canada since cuts were announced
Article content A new analysis of immigration data released by the federal government reveals that while the number of new permanent residents dropped after the federal government announced that it would cut immigration levels, the number of temporary foreign workers actually increased, while other temporary permits declined. Article content Last October, the federal government under then prime minister Justin Trudeau announced it would reduce its permanent immigration targets from 500,000 down to 395,000 in 2025. The government also set a cap for the first time on the intake of temporary residents in both student and worker streams, at 673,650 temporary resident visas for 2025. Article content Article content 'Meeting these targets is not simple given the need to account for regional priorities, pre-existing and other considerations,' says a detailed analysis of Immigration, Refugees and Citizenship Canada data done by the Metropolis Institute and the Association for Canadian Studies. Article content Article content The government will also have to take into account population growth, which has slowed since the immigration cuts were announced. During the fourth quarter of 2024, Canada's population grew by 0.2 per cent, the slowest quarterly growth rate since the end of 2020. Article content 'Those declines in population growth, that's an issue that is the object of an important national conversation that we're not really having. We're not meaningfully having that conversation, which is, do we want population growth? Or do we not? We're very dependent on immigration in that regard, and so we're not making that connection,' said Jack Jedwab, president and CEO of the Association for Canadian Studies and the Metropolis Institute. In a follow-up email, Jedwab noted that Prime Minister Mark Carney promised to return 'our overall immigration rates to sustainable levels,' in his mandate letter published on May 21. But that is a term 'that is open to much interpretation,' Jedwab said. Article content Article content According to Statistics Canada data, the overall population reached 41,528,680 on Jan. 1, 2025, up from 41,465,298 on Oct. 1, 2024, an increase of 63,382, the report states. 'By contrast, the population increase between the two previous quarters was 176,699. Immigration level reductions played a critical role in the outcome,' the report states. Article content Article content While the number of new permanent residents in a single quarter declined by 15 per cent, when comparing the first quarter of 2024 to the first quarter of 2025, the largest reduction in newcomers was attributed to temporary residents who came via the International Mobility Program (IMP). The program allows companies to hire temporary foreign workers without the usual Labour Market Impact Assessment. The IMP includes the post-graduate work permits granted to international students, the International Experience Canada stream for workers aged 18 to 35, free trade agreements, company transfers and permits for high-demand occupations, such as software engineers, among other programs.
