Axelera AI, a Dutch company specializing in edge AI chip design and software, says overwhelming interest and demand have led…
Funding
Tracking investments in the companies in the edge services ecosystem, along with trends and related developments. Includes funding from angel and seed rounds to debt instruments, stock offerings, and related financial news.
U.S. DOE invests $40 million in projects developing cooling technology for data centers
The United States Department of Energy has committed $40 million to fund 15 projects focused on developing cooling technology for…
Together secures $20M seed funding to develop open-source AI and cloud platform
Together, an open-source AI startup, recently announced a $20M seed funding round led by Lux Capital to build an open-source…
Klepsydra secures over $1.12M in funding to grow its edge computing software solutions
Klepsydra Technologies, a provider of onboard software for edge computers, has announced a successful funding round with $1.17 million USD…
Mavenir secures $100 million in new capital raise with Siris taking the lead
Mavenir, a network software provider, has successfully raised $100 million to support its strategy of digitizing telco networks with cloud-native…
Retrocausal promises increased manufacturing efficiency and profitability, secures $3.4 million of funding
Retrocausal, a manufacturing process management platform provider, has launched LeanGPT, a specialized foundation model for manufacturing. In short, the company…
EdgeQ secures $75M to support demand for 5G and AI Base Station-on-a-Chip tech
EdgeQ, a provider of 5G hardware platforms, has picked up $75 million in a Series B investment. The investment will…
Government of Canada, Ericsson announce CA$470 million investment for 5G, 6G R&D
Ericsson, a provider of technology and services, and the Government of Canada have announced a five-year investment partnership worth more…
Infogrid secures $90M to transform commercial real estate sustainability
Infogrid, a sustainability-focused smart building technology company, has announced it raised $90 million in a Series B funding round. Specifically,…
CerebrumX secures Blackberry IVY Innovation Fund investment to expand its edge automotive platform
CerebrumX has secured an investment from the Blackberry IVY Innovation Fund. The company is using the money to expand its…
