Expedera, a provider of customizable Neural Processing Unit (NPU) semiconductor IP, has secured USD 20 million in a Series B financing led by indie Semiconductor.
The funding will be used to strengthen the company's NPU IP products and services and widen its engineering reach across the globe.
Analyst QuickTake: This funding marks a significant achievement for Expedera since it launched the Origin NPU in January 2024, which supports LLMs, including stable diffusion, and enhances natural language processing capabilities.
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