Tech Company Financing Transactions
Azimuth AI Funding Round
Moneta Ventures, AUM Ventures and Growth Factory invested in a $11.5 million funding round for Azimuth AI. The round was recorded on 12/12/2024.
Transaction Overview
Company Name
Announced On
12/12/2024
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to for productizing its SoC for a global Original Equipment Manufacturer (OEM) and to grow the team and new partnerships.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1024 Iron Point Road
Folsom, CA 95630
USA
Folsom, CA 95630
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to develop cutting-edge silicon products that not only champion environmental sustainability but also facilitate affordable access to computing solutions in cost-challenged markets, with a focus on embedded computing silicon products. Through our unwavering commitment to eco-friendly innovation and the expansion of technology access, we aspire to empower individuals and communities around the world, bridging the divide between technological progress and economic inclusivity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Praveen Yasarapu
VP - Engineering
Raghu Chavali
VP - Engineering
Subash Sudireddy
VP - General Counsel
Sridevi Badiga
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