Rapid Silicon Raises $30M in Series A Funding

▤ Summary

Rapid Silicon, a San Jose, CA-based provider of AI and intelligent FPGAs based on open-source technology, raised $30M in Series A funding. Rapid Silicon has closed $15M in funding from Cambium Capital and others, including all existing investors from its seed round. Led by CEO Dr. Naveed Sherwani, Rapid Silicon is a leader in AI enabled application-specific FPGAs for diverse target applications. The company utilizes a combination of open-source software and proprietary AI technology to improve design and simplify and customer experience. Gemini is a programmable logic device (PLD) that is power optimized for the massive sensor processing needs, tight thermal profiles, and shrinking form factors required by embedded and edge applications.

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