EdgeCortix, a Tokyo-based fabless semiconductor company, announced the initial close of its Series B funding round. This investment brings EdgeCortix's cumulative funding, including recent government project awards, to nearly $100 million. Yanmar Ventures, Pacific Bays Capital, and NTT Finance Corporation participated in this EdgeCortix Series B round.
The company specializes in energy-efficient artificial intelligence (AI) processing at the edge. This funding will accelerate mass-production deployment of its SAKURA-II AI co-processors. Furthermore, it fuels the rapid production of the next-generation SAKURA-X chiplet platform.
