All Updates

All Updates

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Funding
Expedera raises USD 20 million to strengthen product offerings and expand operations
Generative AI Infrastructure
May 21, 2024
This week:
Funding
GrayMatter Robotics raises USD 45 million in Series B funding to accelerate AI-powered robotics solutions
Smart Factory
Jun 20, 2024
Funding
Vecna Robotics raises USD 100 million in Series C funding; appoints new COO
Logistics Tech
Jun 20, 2024
Funding
Vecna Robotics raises USD 100 million in Series C funding; appoints new COO
Smart Factory
Jun 20, 2024
Funding
FairNow raises USD 3.5 million to advance AI governance solutions
Generative AI Infrastructure
Jun 20, 2024
Partnerships
Gravitics develops testing gauntlet for larger spacecraft in collaboration with NASA
Space Travel and Exploration Tech
Jun 20, 2024
M&A
knownwell acquires Alfie Health to integrate AI in primary and obesity care services
Telehealth
Jun 20, 2024
Funding
Pomelo Care raises USD 46 million in Series B funding to expand virtual maternal care
Telehealth
Jun 20, 2024
Funding
Isar Aerospace raises EUR 65 million, backed by NATO Innovation Fund
Space Travel and Exploration Tech
Jun 20, 2024
Product updates
Beyond Meat releases new Beyond Sausage, expanding its Beyond IV product line
Plant-based Meat
Jun 20, 2024
Product updates
Funding
SurrealDB raises USD 20 million in Series A; launches beta version of Surreal Cloud
Data Infrastructure & Analytics
Jun 20, 2024
Generative AI Infrastructure

Generative AI Infrastructure

May 21, 2024

Expedera raises USD 20 million to strengthen product offerings and expand operations

Funding

  • 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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