➀ Panmnesia, a Korean startup focusing on CXL switch chips and CXL IP, has raised $60 million in Series A funding, valuing the company at $250 million. The funds will be used for the completion of the CXL 3.1 switch chip manufacturing, advancement of CXL IP, and global IT company collaborations. ➁ Founded in 2022, Panmnesia is led by CEO Myoungsoo Jung, a professor at KAIST, and includes Masters and PhD researchers. ➂ The round was led by InterVest and included new investors like Korea Investment Partners and existing investors such as Daekyo Investment.