Synthara Synthara Raises Over USD 11M to expand the embedded computing market and enable AI applications
Summary
These high-performance and flexible micro-controller chips can address a broad set of AI-rich applications, thereby lowering costs, and time to market, creating new opportunities for the chipmakers and device makers.Founded in 2019 as a spin-off from the Institute of Neuroinformatics at ETH Zurich and the University of Zurich, Synthara is based on the doctoral research of Dr. Manu V. Nair and Dr. Alessandro Aimar.Manu V Nair, Co-Founder and CEO of Synthara, said: With ComputeRAM, we are looking to enable a new breed of feature-rich products that are only limited by the creativity of the developers. This founding round empowers us to work closely with our early adopter community as they develop game-changing chips and devices.The rise of AI is a societal and economic disruption on par with the great industrial revolutions of the past. This technology will serve an ever-expanding market, driving innovation and enabling breakthroughs across various industries.Patrick Tucci, Principal at Vsquared Ventures said: We are about to witness a paradigm shift in computing, with in-memory-computing leading the charge. As such, the company is very well positioned to spearhead the change within the industry, providing immediate performance gains at a limited energy budget across multiple product categories and unlocking new use cases (e.g. real-time voice processing on the edge in hearing aids). The company has also secured substantial funding from Innosuisse and SERI, including a recent CHF 2.5 million Swiss Accelerator grant to advance next-generation edge AI chips.
Funding
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