# DeepLight

**Source:** https://www.startuphub.ai/startups/deeplight
**Profile type:** Startup

> AI software company optimizing deep learning models for edge devices.

## About

Deeplite is a Canadian AI software company that develops an AI-Driven Optimizer called Neutrino. This technology makes deep neural networks faster, smaller, and more energy-efficient, enabling AI applications to run on edge devices like smartphones and robots instead of relying solely on cloud-based data centers. Their solutions accelerate the adoption of AI processors and shorten time-to-market for AI applications.

## Key facts

- **Slug:** deeplight
- **Website:** https://www.deeplite.ai/
- **Location:** Toronto, Canada
- **Founded:** 2017-06-01
- **Operating status:** Active
- **Total funding:** $8M
- **Sectors / tags:** AI Chip, AI Hardware, Neural Network Accelerator, Optics, Semiconductor, Photonic Chip Design, Edge AI, AI Software, Deep Learning

## Frequently asked

### What does DeepLight do?

Deeplite is a Canadian AI software company that develops an AI-Driven Optimizer called Neutrino. This technology makes deep neural networks faster, smaller, and more energy-efficient, enabling AI applications to run on edge devices like smartphones and robots instead of relying solely on cloud-based data centers. Their solutions accelerate the adoption of AI processors and shorten time-to-market for AI applications.

### What is DeepLight's revenue?

StartupHub estimates DeepLight's annual revenue at $455K (range $293K to $1.6M, 28% confidence), based on comparable companies in the sector.

### What is DeepLight's valuation?

StartupHub estimates DeepLight's effective valuation at $29.2M (range $19.9M to $47.8M, 10% confidence), based on comparable companies in the sector.

### How much funding has DeepLight raised?

DeepLight has raised a total of $8M in funding. The most recent round on record is Seed.

### Where is DeepLight headquartered?

DeepLight is headquartered in Toronto, Canada.

### When was DeepLight founded?

DeepLight was founded in 2017.

### What industry does DeepLight operate in?

DeepLight operates in AI Chip, AI Hardware, Neural Network Accelerator, Optics, Semiconductor, Photonic Chip Design.

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