Fundz

Flow Computing raises €4m in a pre-seed round led by Butterfly Ventures to boost CPU AI

PRIVATEJun 12, 2024

Amount Raised

€4 Million

Round Type

Pre-Seed

HelsinkiSoftwareArtificial IntelligenceMachine Learning

Investors

Superhero CapitalStephen IndustriesFOV VenturesSarsiaBusiness FinlandButterfly Ventures

Description

Flow Computing, a spin out of the VTT Technical Research Centre in Finland, has raised €4m in a pre-seed funding round. The funding will be used to boost CPU AI with their licensable parallel processing IP core that can dramatically enhance the performance of any processor core.

Quick answer

Flow Computing raised €4 Million in a Pre-Seed round, dated June 12, 2024. Investors: Superhero Capital, Stephen Industries, FOV Ventures, Sarsia, Business Finland and Butterfly Ventures. Flow Computing is based in Helsinki, Uusimaa, Finland.

How much did Flow Computing raise?
Flow Computing raised €4 Million in a Pre-Seed round on June 12, 2024.
Who invested in Flow Computing?
Superhero Capital, Stephen Industries, FOV Ventures, Sarsia, Business Finland and Butterfly Ventures are named as investors in this round.
What does Flow Computing do?
Flow Computing enables the next generation of CPU performance for the most demanding applications, such as locally-hosted AI and general-purpose parallel computing.
Where is Flow Computing based and how big is it?
Flow Computing is based in Helsinki, Uusimaa, Finland.
Who are the decision-makers at Flow Computing?
Fundz holds 1 contact at Flow Computing. 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 Flow Computing that raised within 45 days of this round, from Fundz verified event records.

  • IntelePeer raised $140M (Debt Financing) on July 26, 2024.
  • Tech1M raised $750K (Pre-Seed) on July 26, 2024.
  • Uplimit raised $11M (Series A) on July 24, 2024.
  • Digital First AI raised $3.8M (Seed) on July 22, 2024.
  • Sundial Product raised $23M on July 22, 2024.
  • Thoughtful AI raised $20M (Series A) on July 18, 2024.

Who to call at Flow Computing, and when

A new round usually means Flow Computing is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Flow Computing

Location

Helsinki, Uusimaa, Finland

About

Flow Computing enables the next generation of CPU performance for the most demanding applications, such as locally-hosted AI and general-purpose parallel computing. We in Flow believe there has been only incremental improvements in CPU performance during recent decades. In our opinion, it has led to a situation where the CPU has actually become the weakest link in computing due to its suboptimal sequential architecture. A new era in CPU performance has become a necessity in order to meet the continuously-increasing demand for more computing performance (driven to large extent by needs in AI, edge and cloud computing). Flow intends to enable this revolution through its Parallel Performance Unit (PPU), giving up to 100X the performance of any CPU, regardless of architecture. Our technology has full backwards software compatibility and it gives 2x performance improvement to most legacy applications after recompilation.

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