Rapid Silicon Raises $30M in Series A Funding







Rapid Silicon, a San Jose, CA-based supplier of AI and clever FPGAs based mostly on open-source know-how, raised $30M in Series A funding.

Rapid Silicon has closed $15M in funding from Cambium Capital and others, together with all current traders from its seed spherical. The second shut is deliberate for Q1 2023.

The firm intends to make use of the funds to additional make investments in its product portfolio, and launch of its premier low-end FPGA product, Gemini.

Led by CEO Dr. Naveed Sherwani, Rapid Silicon is a pacesetter in AI enabled application-specific FPGAs for various goal purposes. The firm makes use of a mixture of open-source software program and proprietary AI know-how to enhance design and simplify and buyer expertise.

Gemini is a programmable logic system (PLD) that’s energy optimized for the large sensor processing wants, tight thermal profiles, and shrinking kind components required by embedded and edge purposes. Rapid Silicon’s software program, Raptor Design Suite, is a industrial FPGA EDA suite based mostly on end-to-end open-source software program.

FinSMEs

09/01/2022






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