Avalanche Technology
Fremont, US · Delaware corporation · 4 employees on LinkedIn
Avalanche Technology develops space-grade non-volatile MRAM memory designed to survive radiation, retain data permanently, endure unlimited writes, and commit data in nanoseconds for space missions and systems. Its products target aerospace and space-system engineers building spacecraft and satellite hardware.
Founders & leadership
PE
Petro EstakhriCo-founder
RR
Rajiv RanjanCo-founder
RN
Robert NetterExecutive
Board
DB
Don ButlerBoard director
WS
William StewartBoard director
ES
Eric StangBoard director
Reported raises · per SEC filings
Form D private placements$63.4M disclosed across 5 rounds · 2015–2020
▶$10MraisedOct 2020 · 3 investors · Other TechnologyRule 506(b)
▶$10MraisedOct 2020 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Umesh PadvalDirector
- Sailesh ChittipeddiDirector
- Don ButlerDirector
- Eric StangDirector
- Will StewartDirector
- Anand ChandrasekherDirector
- Robert NetterExecutive Officer
- Petro EstakhriExecutive Officer, Director
- Offering amount
- $12.7M
- Amount sold
- $10M
- First sale
- Sep 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.5MraisedFeb 2019 · 1 investors · Other TechnologyRule 506(b)
▶$3.5MraisedFeb 2019 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Umesh PadvalDirector
- Petro EstakhriExecutive Officer, Director
- Eric StangDirector
- Robert NetterExecutive Officer
- Don ButlerDirector
- Offering amount
- $33.9M
- Amount sold
- $3.5M
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.3MraisedMay 2018 · 3 investors · Other TechnologyRule 506(b)
▶$5.3MraisedMay 2018 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Robert NetterExecutive Officer
- Don ButlerDirector
- William StewartDirector
- Eric StangDirector
- Stuart NagaeDirector
- Umesh PadvalDirector
- Petro EstakhriExecutive Officer, Director
- Offering amount
- $10M
- Amount sold
- $5.3M
- First sale
- May 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$19.3MraisedApr 2017 · 3 investors · Other TechnologyRule 506(b)
▶$19.3MraisedApr 2017 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Don ButlerDirector
- Robert NetterExecutive Officer
- Rajiv RanjanExecutive Officer
- William StewartDirector
- Umesh PadvalDirector
- Stuart NagaeDirector
- Eric StangDirector
- Petro EstakhriExecutive Officer, Director
- Offering amount
- $35.3M
- Amount sold
- $19.3M
- First sale
- Oct 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$25.3MraisedDec 2015 · 14 investors · Other TechnologyRule 506(b)
▶$25.3MraisedDec 2015 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Don ButlerDirector
- Eric StangDirector
- William StewartDirector
- Petro EstakhriExecutive Officer, Director
- Robert NetterExecutive Officer
- Rajiv RanjanExecutive Officer
- Offering amount
- $27M
- Amount sold
- $25.3M
- First sale
- Nov 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
Everspin19 shared keywordsEverspin develops and manufactures MRAM (magnetoresistive RAM) persistent memory products, including its PERSYST STT-MRAM families for data centers, enterprise, industrial, and embedded systems. Its non-volatile memory serves critical systems across aerospace and defense, AI, automotive, gaming, medical, industrial, and smart energy applications.
Avalanche18 shared keywordsThe Avalanche Foundation is a non-profit organization that supports innovation and growth in the Avalanche ecosystem through grants, programs, and strategic support for developers, entrepreneurs, and communities building on the Avalanche blockchain platform.
Avalanche Energy12 shared keywordsAvalanche Energy develops compact fusion technology to generate high-energy neutrons for materials testing, radioisotope production, and advanced nuclear battery systems serving defense, space, and commercial power applications. The company also provides high-voltage vacuum components and operates FusionWERX, a commercial-scale fusion testing facility.
Powerspin11 shared keywordsPowerSpin is a Japanese deeptech company associated with Tohoku University, developing spintronics-based semiconductor technology. Its work is tied to STT-MRAM and low-power memory/semiconductor devices.
Netezza11 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Companies competing with Avalanche Technology for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| NASA | Phase I | 2019 | $124.6K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Avalanche Technology do?
- Avalanche Technology develops space-grade non-volatile MRAM memory designed to survive radiation, retain data permanently, endure unlimited writes, and commit data in nanoseconds for space missions and systems. Its products target aerospace and space-system engineers building spacecraft and satellite hardware.
- Who founded Avalanche Technology?
- Avalanche Technology was founded by Petro Estakhri, Rajiv Ranjan.
- How much funding has Avalanche Technology raised?
- Avalanche Technology has disclosed $63.4M raised across 5 rounds.
- Where is Avalanche Technology headquartered?
- Avalanche Technology is headquartered in Fremont, US.