EnCharge AI (Institutional Round)
Funding Details
Awarder
SemiNews
Date Award
December 5, 2023
Vertical
AI Compute
Funding Amount
$22,600,000
Company Info
Founders
Naveen Verma
Location
Santa Clara, CA, US
Coinvestors
VentureTech Alliance, RTX Ventures, ACVC Partners, Anzu Partners, AlleyCorp, Scout VC, Silicon Catalyst Angels, S5V
Company Description

EnCharge AI is developing advanced AI chips and full stack solutions to make AI more accessible and efficient for enterprises. Their mixed analog and digital in-memory-computing solution has shown 15X higher performance and a 10x reduction in energy and cost compared to market leaders.

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