Graphcore, whose roots can be traced back to University of Bristol, has added $50m to its coffers thanks to a series C round backed by Bosch, Dell and Samsung.
UK-based machine intelligence technology developer Graphcore secured $50m in a series C round yesterday featuring subsidiaries of industrial product manufacturer Bosch, electronics producer Samsung and computer vendor Dell.
Robert Bosch Venture Capital (RBVC), Samsung Catalyst Fund and Dell Technologies Capital invested alongside Sequoia Capital, which led the round, as well as Amadeus Capital Partners, Atomico, C4 Ventures, Draper Esprit, Foundation Capital and Pitango Venture Capital.
Graphcore has created a processor it calls an intelligence processing unit (IPU), which has been…
