AlphaICs, an edge AI technology startup, raised $8 mn in funding led by Endiya Partners and Emerald Technology Ventures, with participation from existing Series A investors ReBright Partners and 3One4 Capital, along with Aaruha Technology Fund, IREON Ventures, others.
The company develops edge inference and edge learning technologies to enable AI at the edge. Its Next-generation AI architecture, called Real AI Processor (RAPTM), claims to provide the highest performance, low power, and minimal latency, enabling best-in-class edge AI inference processing.
The funding would be used to tape-out the Gluon AI chip, to develop the software stack, and to build system solutions for its target markets. “This funding will help us bring our first inference co-processor to the market for vision applications with low latency requirements," said Pradeep Vajram, Chairman and CEO of AlphaICs.