M12 and Applied Ventures co-led a $35m round for Syntiant, which is working on chips for artificial intelligence-powered voice processing at the edge.
US-based computer processor developer Syntiant picked up $35m on Tuesday in a series C round co-led by subsidiaries of software producer Microsoft and semiconductor technology manufacturer Applied Materials.
M12 and Applied Ventures were joined in the round by Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures.
Syntiant is creating processors that allow artificial intelligence (AI) and machine learning applications to run locally rather than in the cloud – an approach known as edge computing.
The company is focusing on…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
