Untether Ai Announces Oversubscribed $125 Million Funding To Deploy High-Performance Ai Inference Acceleration Chips
Amount Raised
$125 Million
Round Type
Funding Round
TorontoArtificial IntelligenceMachine LearningDescription
Untether AITM, the leader in at-memory computation and AI inference acceleration, today announced an oversubscribed $125 million funding round led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”), a stage-agnostic venture capital investor that principally invests in high-potential technology growth companies. Tracker Capital was founded by Stephen A. Feinberg who is also Co-Founder and Co-CEO of Cerberus Capital Management. The round was co-led by Intel Capital, Intel Corporation’s global investment organization, and included participation from new investor Canada Pension Plan Investment Board (“CPP Investments”) and existing investor Radical Ventures.
Quick answer
Untether AI raised $125 Million in a Funding Round round, dated July 20, 2021. Untether AI is based in Toronto, Ontario, Canada.
- How much did Untether AI raise?
- Untether AI raised $125 Million in a Funding Round round on July 20, 2021.
- What does Untether AI do?
- Untether AI® provides energy-centric AI inference acceleration from the edge to the cloud, supporting any type of neural network model.
- Where is Untether AI based and how big is it?
- Untether AI is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Untether AI?
- Fundz holds 1 contact at Untether AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Artificial Intelligence and Machine Learning around the same time
Companies in the same sectors as Untether AI that raised within 45 days of this round, from Fundz verified event records.
- Stravito raised an undisclosed amount (Series A) on September 2, 2021.
- Artificial Intelligence Technology Solutions raised $30M (Funding Round) on September 2, 2021.
- DataRobot raised $35M on August 31, 2021.
- Anzen Technologies, Inc. raised $6.6M on August 25, 2021.
- Nectir raised $800K (Seed) on August 24, 2021.
- Blackford Analysis raised $687K (Seed) on August 20, 2021.
Who to call at Untether AI, and when
A new round usually means Untether AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Untether AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Untether AI, from your own LinkedIn network
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Related People
Untether AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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