EdgeCortix, an innovative leader in the fabless semiconductor industry, has announced the initial closing of its Series B funding round.
Specializing in energy-efficient artificial intelligence (AI) processing specifically designed for edge applications, EdgeCortix is at the forefront of a technological revolution aimed at enhancing performance and reducing energy consumption.
With this funding milestone, the company has successfully raised nearly $100 million in cumulative funding since December 2024. This figure includes a combination of equity investments and substantial non-dilutive government awards, underscoring the significant momentum driving the company’s rapid growth and expansion into global markets.
The Series B funding round has generated remarkable interest from a diverse range of prominent global investors, underscoring a deepening confidence in EdgeCortix’s groundbreaking AI technologies, insightful strategic leadership, and solid customer relationships. Among the distinguished investors participating in this initial closing are Yanmar Ventures, Pacific Bays Capital, NTT Finance Corporation, SiC Power, and Aero X Ventures. Additionally, long-time supporters, including SBI Investments and Global Hands-On VC (GHOVC), continue to showcase their belief in EdgeCortix’s vision and potential.
This strong backing positions EdgeCortix for advancements and initiatives in the burgeoning field of AI-driven technology.
KEY QUOTES:
“The strong support from both new and existing investors is a clear endorsement of our market position and proven success across sectors such as robotics, industrial automation, defense, aerospace, and space exploration. This funding empowers us to accelerate the mass-production deployment of our highly successful SAKURA-II AI co-processors, which have secured design-wins across multiple industries. Additionally, it fuels the rapid production of our next-generation SAKURA-X chiplet platform, offering an unprecedented performance of up to 2,000 TOPS per device, with low-power, enabling advanced generative AI workloads in scalable high-performance physical AI systems.”
Dr. Sakyasingha Dasgupta, Founder and CEO of EdgeCortix
“We are truly honored to have the opportunity to participate in the investment in EdgeCortix. We believe that the innovative technologies developed by EdgeCortix are closely aligned with Yanmar Ventures’ mission to support game-changing solutions that help shape a better future. Through this investment, we look forward to exploring potential collaborations and working together to create value that can be returned to society.”
Sota Tsutsuki, Senior Capitalist, Yanmar Ventures Co., Ltd
“We see tremendous potential in EdgeCortix’s unique technology, forward-looking market strategy, and proven execution. These strengths position the company to drive meaningful growth in industrial automation, telecommunications, aerospace, and beyond.”
Seiichi Hashimoto, Senior Vice President, Executive Manager, Group Treasury Department, NTT Finance Corporation
“EdgeCortix is uniquely positioned through the dual-use nature of its technology, underscored by its recent high-profile project award from the U.S. Defense Innovation Unit.”
Maxwell Imai Weiss, Partner, Pacific Bays Capital
“We see strong potential for significant impact and accelerated growth opportunities across defense, aerospace, and space applications, as well as broader commercial markets.”
Dr. Jason Nye, Partner, Pacific Bays Capital
“EdgeCortix is exactly what we look for at Aero X Ventures – proven dual-use technology with real traction. They’ve built energy-efficient AI processors that work across defense, aerospace, and commercial markets, and they’re actually winning customers and government contracts. Their recent Defense Innovation Unit award speaks volumes about the strategic value of what they’re building.”
Management Team, Aero X Ventures.
“Since our initial investment in 2023, EdgeCortix has achieved extraordinary progress. Under the visionary leadership of CEO Dr. Sakyasingha Dasgupta, the team has consistently demonstrated remarkable execution capabilities. This new round of funding will further accelerate their exponential growth – continuous acquisition of new customers, the next generation products development, and keep attracting top-tier talent.”
Ken Yasunaga, Managing Partner, Global Hands-On VC
