PITTSBURGH — September 19, 2023
Aspinity, the leader in near-zero power AI solutions, today announced that it has closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures. Growing Aspinity's total funding to more than $19 million, the round also includes new strategic investor and partner Unitrontech, a leading distributor of automotive semiconductors and key partner of leading automotive manufacturers.
Founded in 2015, Aspinity has taken a revolutionary new approach to power-conscious AI in the billions of devices that continuously analyze real-time sensor data. The company's unique RAMP™ (Reconfigurable Analog Module Processor) technology platform merges the ultra-low power benefits of analog processing with the sophistication of machine learning and the versatility of software programmability.
Aspinity's first product, the AML100 analog machine learning core, enables always-on sensing solutions at near-zero power that accurately detect and inference from raw, analog sensor data. The AML100 keeps the MCU and other digital processors asleep until meaningful data are detected, focusing device power exclusively on information that truly matters.
Aspinity and Unitrontech aim to deliver high-performance, near-zero power aftermarket and integrated AI solutions for automotive applications.
About Aspinity — Aspinity is the world leader in the design and development of analog processing chips that enable near-zero power AI systems. Aspinity's analog computing technology brings the versatility, performance, and consistency of digital neural processing into the lower-power analog domain to achieve the efficiency required for sophisticated AI at the edge.
Original release: view on the newswire →