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Intelligent HW (iHW) raises $37M Series A for ultra-low-power AI chips, led by Kolon Investment with 13 investors involved.
PRIVATEAug 19, 2026•about 4 hours ago
Amount Raised
$37 Million
Round Type
Series A
South KoreaArtificial IntelligenceMachine LearningInvestors
Ibk CapitalLig Defense & AerospaceKorea Development BankHb InvestmentDsc InvestmentMirae Asset Venture InvestmentWoori Venture PartnersKolon Investment
Description
Intelligent HW (iHW) has secured $37 million in a Series A funding round to develop ultra-low-power AI chips. The round was led by Kolon Investment, with notable participation from existing investors and new investors such as Korea Development Bank. The funding will aid in the mass production of edge AI chips and other developmental projects. Founded by veterans from major tech companies, iHW aims to address the growing demand for energy-efficient AI solutions.
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Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech