Ceva-Waves Bluetooth 5.3 Low Energy Baseband Controller, software and profiles
aiCTX Closes Pre-A Investment Round With Baidu Ventures
November 5, 2018 - We can today announce the closing of our pre-A investment from Baidu Ventures (BV). BV has invested USD 1.5M in aiCTX to accelerate the development of commercial applications of neuromorphic computing.
Baidu Ventures (BV) is a global, AI-focused investment fund established in 2017. Currently it manages roughly $500M USD across 3 funds, and has offices in Beijing, San Francisco and Frankfurt. With a deep belief in AI, BV supports entrepreneurs and companies who are using AI to transform the way we live.
Mr Wei Liu (CEO of BV) commented on why he believes that we are a good investment for BV. “What sets you apart from other neuromorphic startups — and also the huge corporations active in the field — is your unique technology and your product-driven focus. You are developing complete commercial solutions, not simply designing computing fabrics.”
“We are very pleased to have BV with us on the next step of our journey,” said Dr. Ning Qiao (CEO of aiCTX). “BV recognised our years of expertise in combining mixed signal neuromorphic designs with ultra-low power and ultra-low latency asynchronous digital circuits in advanced VLSI processes.”
BV’s investment will help accelerate our development of dedicated neuromorphic chips for specific applications.
|
Related News
- Mauna Kea Semiconductors (MKSemi) Raises $12.8 Million Pre-A+ Round, Launches Breakthrough Low Power Ultra-Wideband Product
- SynSense (formerly aiCTX) closes Series A Round and announces the opening of offices in China
- Kandou Bus Closes Series B Investment Round
- VSORA Closes Series A Financing with Investment from Omnes Capital, Partech Ventures, Angel Investors
- Mobile Sensor Technology Company Acconeer AB Closes $7M Investment Round
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |