Expedera Inc. raises $20M in a Series B funding round led by indie Semiconductor to advance Neural Processing Unit (NPU) IP products and services

May 21, 2024•over 1 year ago

Amount Raised

$20 Million

Round Type

series b

Santa ClaraScience And EngineeringMedia And EntertainmentContent And Publishing

Investors

Indie Semiconductor

Description

Expedera Inc. announced it raised $20 million in Series B funding led by indie Semiconductor, with participation from prominent repeat and new industry investors. This investment will enable Expedera to advance its high-performance, energy-efficient Neural Processing Unit (NPU) IP products and services and expand its global engineering footprint.

Company Information

Company

Expedera

Location

Santa Clara, California, United States

About

Expedera provides scalable neural engine semiconductor IP that enables major improvements in performance, power, and latency while reducing cost and complexity in AI-inference applications. Third-party silicon-validated, Expedera’s solutions produce superior performance and are scalable to a wide range of applications from edge nodes and smartphones to automotive and data centers. Expedera’s OriginTM deep learning accelerator products are easily integrated, readily scalable, and can be customized to application requirements. The company is headquartered in Santa Clara, California.

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