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Recogni Raises $102 Million to Advance Next GenAI Inference System for GenAI and Intelligent Autonomy

PRIVATEFeb 21, 2024

Amount Raised

$102 Million

Round Type

Series C

San JoseSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingImage Recognition

Investors

MayfieldDNS CapitalBMW I VenturesSW Mobility FundPledge VenturesHSBC Innovation BankingTasaru Mobility InvestmentsCelesta CapitalGreat Point Ventures

Description

Recogni, Inc. announced the closing of $102 million in Series C funding, co-led by Celesta Capital and GreatPoint Ventures. The funding will be used to drive next generation system development for AI inference solutions that boost performance and power efficiency while providing the lowest total cost of ownership.

Quick answer

Recogni raised $102 Million in a Series C round, dated February 21, 2024. Investors: Mayfield, DNS Capital, BMW I Ventures, SW Mobility Fund, Pledge Ventures, HSBC Innovation Banking, Tasaru Mobility Investments and Celesta Capital. Recogni is based in San Jose, California, United States.

How much did Recogni raise?
Recogni raised $102 Million in a Series C round on February 21, 2024.
Who invested in Recogni?
Mayfield, DNS Capital, BMW I Ventures, SW Mobility Fund, Pledge Ventures, HSBC Innovation Banking, Tasaru Mobility Investments and Celesta Capital are named as investors in this round.
What does Recogni do?
Recogni is an AI-based computing company based in San Jose, CA, and Munich, Germany, developing AI-based inference processing solutions for Generative AI and intelligent autonomous platforms.
Where is Recogni based and how big is it?
Recogni is based in San Jose, California, United States.
Who are the decision-makers at Recogni?
Fundz holds 4 contacts at Recogni, including the Founder / Product. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Image Recognition around the same time

Companies in the same sectors as Recogni that raised within 45 days of this round, from Fundz verified event records.

  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Read AI raised $21M (Series A) on April 2, 2024.
  • Magic raised $321M on March 29, 2024.
  • SambaNova raised $676M (Series D) on March 28, 2024.
  • Ensis raised $4M (Seed) on March 28, 2024.
  • Celestial AI raised $175M (Series C) on March 27, 2024.

Who to call at Recogni, and when

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Company Information

Company

Recogni

Location

San Jose, California, United States

About

Recogni is an AI-based computing company based in San Jose, CA, and Munich, Germany, developing AI-based inference processing solutions for Generative AI and intelligent autonomous platforms.

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Related People

4 contacts
Verified contactsGilles, Founder / Product hiddenSee plans and pricing
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