Tech Company Financing Transactions
EnCharge AI Funding Round
EnCharge AI, based in Santa Clara, raised $21.7 million from Anzu Partners, AlleyCorp and Alumni Ventures.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$21,700,000
Round
Series A
Investors
Anzu Partners (Lead Investor) (Jimmy Kan)
Proceeds Purpose
EnCharge will leverage the funding to further develop and commercialize its semiconductor hardware and software stack that offers the highest reported efficiency for AI compute to date.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
4500 Great American Parkway 230
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Overview
AI models are getting bigger and more complex, they demand new approaches to computing. EnCharge AI delivers a battle-tested computing platform to unlock the best AI possible -- larger models, better accuracy, higher resolutions, more camera channels. Revolutionary gains, without time-consuming, cost-prohibitive workarounds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Naveen Verma
Co-Founder
Kailash Gopalakrishnan
Co-Founder
Echere Iroaga
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