Expedera Raises $20M in Series B Funding to Enhance Edge AI Semiconductor Technology
Expedera is a leader in developing scalable NPU solutions for edge AI inference, simplifying the integration and enhancement of AI capabilities in consumer devices.
Company Name: Expedera
Location: Santa Clara, CA
Sector: Semiconductor, Artificial Intelligence
Funding Details: Raised $20M in Series B funding, bringing the total funding to more than $47M. The round was led by indie Semiconductor, with participation from other investors.
Purpose of Investment: To advance its Neural Processing Unit (NPU) IP products and services and expand its global engineering footprint.
Leadership: Led by CEO Da Chuang.
Product: Expedera licenses edge inference AI semiconductor IP, offering customizable neural engine solutions that improve performance, power, and latency in edge AI applications. The company’s NPU solutions are deployed in over 10 million consumer devices, ranging from edge nodes and smartphones to automotive applications. Its platform features a TVM-based software stack that supports various AI development stages, including importing trained networks, quantization, compilation, and profiling.
About Company: Expedera is a leader in developing scalable NPU solutions for edge AI inference, simplifying the integration and enhancement of AI capabilities in consumer devices. With engineering development centers and customer support offices in the UK, China, Japan, Taiwan, and Singapore, the company maintains a strong global presence.