Tech Company Financing Transactions
Aspinity Funding Round
Aspinity, based in Pittsburgh, secured $5.3 million from Anzu Partners, Amazon and Birchmere Ventures.
Transaction Overview
Company Name
Announced On
9/3/2020
Transaction Type
Venture Equity
Amount
$5,300,000
Round
Series A
Investors
Anzu Partners (Lead Investor) (Jimmy Kan)
Proceeds Purpose
The company intends to use the funds to speed deployment of its first neuromorphic analog-processing chip, enhance the technical and partner support teams, and scale volume production.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
2000 Smallman St. 201
Pittsburgh, PA 15222
USA
Pittsburgh, PA 15222
USA
Phone
Undisclosed
Website
Email Address
Overview
Aspinity's ultra-low power, analog machine learning RAMP chip is transforming the design of always-on sensing devices that run on battery.
Management Team
Title
Name
Email & Social
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