AsusTek, Knowles Corporation and existing investors Egis Technology and Meyer Corporation all took part in the smart sensor technology startup's series B round.
US-based sensor technology developer AIStorm completed a $16m series B round yesterday featuring computing technology producer AsusTek, fingerprint sensor provider Egis Technology, microphone manufacturer Knowles Corporation and food-preparation equipment producer Meyer Corporation.
The oversubscribed round included venture capital firm Senvest Management and followed a $13.2m series A round in February 2019 backed by Egis, Meyer, image sensor technology provider TowerJazz and semiconductor manufacturer Linear Dimensions.
Founded in 2018, AIStorm provides artificial intelligence (AI)-in-sensor processors that enable sensors to make…
