BrainChip has raised $25 million to expand development and commercialization of its neuromorphic AI technology as the company prepares to showcase a growing product portfolio at CES. The funding strengthens BrainChip’s efforts around its Akida 2 platform, Akida GenAI initiatives, and new chip and module offerings designed for low-power, on-device intelligence.
The company, listed on the ASX under BRN with additional OTCQX and ADR listings, plans to use the capital to broaden its reach in the global neuromorphic computing market, which Grand View Research expects to reach $20.27 billion by 2030 with a projected compound annual growth rate of 19.9 percent from 2024 to 2030. BrainChip aims to capitalize on this momentum through continued innovation in edge processing, real-time learning, and highly efficient, event-based AI.
At CES, the company will demonstrate several advancements supported by the new funding, including AKD1500 modules for rugged industrial deployments, always-on AI enablement through Pico evaluations on Akida Cloud, cybersecurity applications powered by the Akida and Quantum Ventura collaboration, and an on-device large language model that brings BrainChip’s 1.2-billion-parameter LLM to mobile and embedded environments.
Additional demonstrations will spotlight the AKD1500 and AKD1000 chips in partnership with HaiLa Technologies, Deep Perception and Quantum Ventura. These include ultra-low-power Bluetooth and Wi-Fi integrations, a full visual compute pipeline for drones and mobile devices, and real-time cybersecurity protection for small office networks through the Akida Edge AI Box.
BrainChip’s CES presence will be hosted at the Venetian Tower, where attendees can schedule demos, private meetings and a mixer event. The company continues positioning itself as a leader in ultra-low-power, event-based AI for markets such as aerospace, autonomous vehicles, robotics, industrial IoT, consumer electronic,s and wearables. Its Akida-based processors and TENNs architecture are designed to deliver high efficiency while enabling real-time data processing at the sensor level.
KEY QUOTES:
“Our capital raise positions BrainChip to further build its lead in edge AI and neuromorphic computing. Investor support lets us advance Akida 2 chip development and Akida GenAI model development. We can expand into new commercial opportunities through chip and module products that provide real-time, on-device AI with ultra-low power and no cloud dependency. CES is the ideal stage to showcase our growth trajectory, our consistent groundbreaking innovations and our growing product portfolio.”
Sean Hehir, CEO
