Tech Company Financing Transactions
Expedera Funding Round
Expedera closed a $20 million Series B funding round on 5/21/2024. Backers included indie Semiconductor and private investors.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
indie Semiconductor (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance its Neural Processing Unit (NPU) IP products and services and expand its global engineering footprint.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
3211 Scott Blvd. 204
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Not Recorded
Overview
Expedera provides customizable neural engine semiconductor IP that dramatically improves performance, power, and latency while reducing cost and complexity in edge AI inference applications. Successfully deployed in over 10 million consumer devices, Expedera's Neural Processing Unit (NPU) solutions are scalable and produce superior results in applications ranging from edge nodes and smartphones to automotive.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/21/2024: Wayspring venture capital transaction
Next: 5/21/2024: RootNote venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs