Innatera (Series A)
Funding Details
Awarder
Inbox
Date Award
June 27, 2024
Vertical
Microprocessor Manufacturing
Funding Amount
$21,000,000
Company Info
Founding Year
2018
Traction
The company is expected to ship its processors in limited volume by the end of the year and plans for full volume production in 2025. With a team of about 75 employees, Innatera has demonstrated capital efficiency in developing its processors with less than $5 million of investment.
Founders
Sumeet Kumar
Market
AI Chips
Location
Netherlands
Coinvestors
Innavest, Invest-NL N.V., European Commission’s EIC Fund, MIG Capital LLC, Matterwave Ventures Management GmbH, Delft Enterprises B.V.
Company Description

Innatera is a developer of ultra-low-power intelligence for sensors.