Tech Company Financing Transactions
Untether AI Funding Round
On 11/6/2019, Untether AI received $20 million in Series A investment from Intel Capital, Radical Ventures and private investors.
Transaction Overview
Company Name
Announced On
11/6/2019
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Intel Capital (Lead Investor) (David Flanagan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
134 Peter St.
Toronto ON, M5V 2H2
Canada
Toronto ON, M5V 2H2
Canada
Phone
Website
Email Address
Overview
Untether AI is creating a new class of specialized processor targeting an extreme point on the energy-complexity scale. By eliminating as much complexity as possible while still being able to perform the operations necessary to do neural net inference and putting that processing as close as possible to the memory, we can get close to theoretical minimum power numbers for the given process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arun Iyengar
Chief Technical Officer
Martin Snelgrove
Chief Technical Officer
Darrick Wiebe
VP - Engineering
Alex Grbic
VP - Engineering
Pasquale Leone
VP - Product Management
Robert Beachler
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Where The Data Comes From
Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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