Tech Company Financing Transactions
Neuchips Funding Round
Neuchips, based in Los Altos, secured $20 million from JAFCO, Powerchip Group and Raydium.
Transaction Overview
Company Name
Announced On
10/18/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand operations, and its business reach.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Los Altos 220 State Street
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Website
Email Address
Overview
NEUCHIPS is an AI ASIC solution provider founded by a team of veteran IC & SW design experts in 2019. Our management and R&D team has decades of experience from leading semiconductor companies and hold patents in signal processing, neural networks, and circuit design. NEUCHIPS is founding member of MLCommons and one of the member of OCP community. NEUCHIPS develops purpose-built data center AI solutions. Our energy and cost-efficient deep learning inference accelerators delivering the lowest TCO.
Management Team
Title
Name
Email & Social
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