P
Primemas
Pre-built SoC Hub Chiplets for accelerated semiconductor development.
About Primemas
Primemas is a fabless semiconductor company that provides pre-built System-on-a-Chip (SoC) hub chiplets, known as 'Hublets', to accelerate the development of custom chips. Founded in 2023 by CEO Il (Will) Park, the company is headquartered in Santa Clara, California, with a significant R&D center in Seoul, South Korea. Park has over 25 years of leadership experience in the semiconductor industry, having worked at major companies like SK Hynix, Samsung, and IBM, where he specialized in designing high-performance server CPUs, mobile SoCs, and DRAM solutions. The company was established to address the primary barriers to semiconductor innovation—long design cycles and high costs—by democratizing the process.
Primemas's core business revolves around its Hublet platform, which acts as a ready-made SoC foundation. This allows clients to integrate their own custom accelerators and intellectual property (IP) into a full SoC more quickly and at a lower cost, reducing time-to-market from 2-3 years to under one year. The company's main products, the Falcon-1 and Kameleon chiplets, provide a modular and reusable infrastructure that includes a low-power CPU cluster, memory controllers, I/O, security features, and a complete Software Development Kit (SDK). The Falcon-1 is described as the world's first chiplet-based Platform SoC, serving as a foundation for CXL memory and AI solutions, while the Kameleon is an FPGA-based companion chiplet for rapid prototyping.
The company's business model includes chip sales, developing customized system solutions in cooperation with server and memory manufacturers, and empowering a platform ecosystem around CXL open standards. Primemas targets high-growth domains such as AI data infrastructure, AI acceleration, and reconfigurable hardware solutions. Its technology enables the creation of scalable memory solutions, from direct-attached memory to large-scale memory appliances. In September 2023, Primemas raised KRW 9.3 billion in a pre-series A funding round from investors including Time Folio Asset Management, Shinhan Bank, and AJU IB Investment. More recently, the company announced the availability of customer samples for the world's first CXL 3.0 memory controller, developed in collaboration with Micron to advance memory solutions for data centers and AI.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- New York City, United States
- Employees
- 40
- Open positions
- None listed
- Dealroom signal
- 89.3/100
- Industry
- Semiconductors
- Sector
- Semiconductors, Core AI, Semiconductor Designers and Manufacturers, Chips and Processors, SoC (System-on-Chip), Memory and Storage, DT and LS, science-based
- Technology
- Artificial Intelligence, Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Feb 2026 | $72M | $288M | Undisclosed | ↗ |
| EARLY VCOther financing | Jan 2026 | $0 | — | MDS Tech | ↗ |
Growth signals
Latest recorded traffic for Primemas is 5.3K monthly website visits, up 6525% over the last three months. Primemas's team grew 17.6% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
MDS Tech
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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