Semron’s mobile AI chips attract $7.9 million in seed funding
Dresden-based company Semron has successfully raised $7.9 million in seed funding for its AI chips featuring 3D packaging designed for…
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.
Zededa closes $72M Series C round to expand edge market reach
Edge management and orchestration provider Zededa has raised $72 million in growth capital. The Series C round was led by…
AI car safety research project gets a $100K boost from the Department of Transportation
A project led by Professor Guohui Zhang from the Department of Civil, Environmental and Construction Engineering at the University of…
OctaiPipe to boost edge AI delivery with £3.5 million funding
End-to-end edge AI platform OctaiPipe has raised £3 million (roughly $3.8 million) in pre-Series A funding and a £500,000 (around…
Helin secures €3 million in seed funding to evolve maritime and energy sectors at the edge
Edge intelligence platform Helin has announced the closure of a €3 million (roughly $3.3 million) seed funding round led by…
EU invests in edge and cloud computing with a 1.2 billion euro infusion
The European Commission has approved up to €1.2 billion (roughly $1.3 billion) in aid for a cloud and edge computing…
Pragmatic Semiconductor to expand in the UK with $231 million investment
Pragmatic Semiconductor has completed a first close of its Series D funding round, securing an investment of £162 million (roughly…
Armada secures over $55 million to tackle global digital inequality
Edge computing provider Armada emerges from stealth mode with a capital raise of over $55 million. Led by Founders Fund,…
Actility raises €16 million to support accelerating growth in the IoT market
Industrial IoT connectivity solutions provider Actility has secured a funding round of €16 million (roughly $17.2 million). The company says…
Expanso secures $7.5 million to disrupt distributed data processing market
Enterprise data management startup Expanso has secured $7.5 million in seed funding. General Catalyst, Hetz Ventures and Array Ventures led…
