CogniFiber raised $5 million to develop processors that perform AI tasks 1,000 times and expand photonic computing technology.
Amount Raised
$5 Million
Round Type
Funding Round
IsraelInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
CogniFiber, a startup known for its photonic computing technology for AI, announced the closure of a $5 million funding round led by Chartered Group and Eastern Epic Capital. The funding will support the completion of the photonic processor's development and aid in the ongoing development of a photonic supercomputer slated for market entry by 2027.
Quick answer
CogniFiber raised $5 Million in a Funding Round round, dated July 4, 2024. Investors: Israel Innovation Authority, Eastern Epic Capital and Chartered Group. CogniFiber is based in Israel.
- How much did CogniFiber raise?
- CogniFiber raised $5 Million in a Funding Round round on July 4, 2024.
- Who invested in CogniFiber?
- Israel Innovation Authority, Eastern Epic Capital and Chartered Group are named as investors in this round.
- What does CogniFiber do?
- CogniFiber was established by a cross-disciplinary group of entrepreneur-scientists that came together in 2018 to reinvent computation and revolutionize the data processing industry.
- Where is CogniFiber based and how big is it?
- CogniFiber is based in Israel. Fundz records about 10 employees.
- Who are the decision-makers at CogniFiber?
- Fundz holds 1 contact at CogniFiber. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as CogniFiber that raised within 45 days of this round, from Fundz verified event records.
- Knowde raised $60M (Series C) on August 15, 2024.
- Goodfire raised $7M (Seed) on August 15, 2024.
- Guardoc Health raised $3M (Seed) on August 15, 2024.
- Sahara AI raised $43M (Funding Round) on August 14, 2024.
- Sahara AI raised $43M (Series A) on August 14, 2024.
- FuseBase raised $700K (Seed) on August 14, 2024.
Who to call at CogniFiber, and when
A new round usually means CogniFiber is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CogniFiber raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CogniFiber, from your own LinkedIn network
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Related People
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