Tech Company Financing Transactions
Femtosense Funding Round
Femtosense, based in San Bruno, secured $8 million from Fine Structure Ventures, Amino Capital and Gaingels.
Transaction Overview
Company Name
Announced On
9/29/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and delivery of real-time artificial intelligence (AI) processing for consumer electronics.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
903 Sneath Ln 123
San Bruno, CA 94066
USA
San Bruno, CA 94066
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of ultra-energy-efficient neural network models designed to bring large-scale neural network processing to the edge. The company's platform is to achieve cutting-edge performance-per-joule on complex processing tasks using nonlinear dynamics and space-time sparsity inspired by biological neural networks, enabling user interfaces to have ultra-low latency, power consumption, and complete user privacy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Fok
Co-Founder
Kwabena Boahen
Co-Founder
Alexander Neckar
Co-Founder
Scott Reid
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