Flex Logix

Overview
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Edge Computing?
Next-gen Semiconductors?
Generative AI Infrastructure?
Product stageSegments
Expansion
?
On-device hardware components
?

Flex Logix is a reconfigurable semiconductor computing company, providing embedded FPGA (eFPGA) and AI inference technologies.

Flex Logix’s solutions enable semiconductor and systems companies to adapt their System on Chips (SoCs) to new needs, protocols, standards, and algorithms efficiently. Flex Logix's eFPGA IP, known for its modular architecture and claimed superior power versus performance, has been implemented in over 25 chips with many more in design.

Its technology allows the integration of flexible parallel processing performance into SoCs, offering a significant reduction in size, cost, and power consumption. Additionally, its InferX platform delivers efficient DSP (Digital signal processing) or AI performance.

In May 2023, It announced it had stopped selling its InferX X1 AI accelerator chip and will instead bring the architecture to market as licensable IP.

Key customers and partnerships

As of September 2023, the company had 20 worldwide customers that had licensed the company’s advanced EFLX eFPGA technology architecture for 40 chips.

Flex Logix has established various partnerships, such as joining the Intel Foundry Services (IFS) Accelerator IP Alliance. It had also partnered with The Air Force Research Laboratory to leverage Flex Logix IP technology in all US Government-funded programs for research and prototyping purposes (March 2022). Additionally, its collaboration with Microsoft aimed to assist in constructing secure state-of-the-art chips for the US Department of Defense (July 2022). Furthermore, a partnership with CEVA led to the announcement of the world's first successful silicon implementation using Flex Logix's EFLX® embedded FPGA (eFPGA) connected to a CEVA-X2 DSP instruction extension interface (June 2022). Lastly, a partnership with INTRINSIC ID focused on securing the eFPGA platform (July 2022).

Funding and financials

Flex Logix raised USD 55 million in a March 2021 Series D funding round led by Mithril Capital Management. The funds will be used to expand its software, engineering, and customer support teams to accelerate product developments.

HQ location:
2465 Latham Street Mountain View CA USA
Founded year:
2014
Employees:
51-100
IPO status:
Private
Total funding:
USD 67.4 mn
Last Funding:
USD 55.0 mn (Series D; Mar 2021)
Last valuation:
-
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