EdgeCortix, a fabless semiconductor company developing energy-efficient artificial intelligence processing solutions for edge environments, announced the second close of its oversubscribed Series B financing, bringing the company’s total funding to more than US$110 million. The Series B round closed more than 30% oversubscribed with strong participation from new and existing global investors. The new round included TDK Ventures, CDIB Cross Border Innovation Fund II LP, and Jane Street Global Trading, along with additional investment from Pacific Bays Capital, which also participated in the initial Series B close. The first close included Yanmar Ventures, Pacific Bays Capital, NTT Finance Corporation, SiC Power, Aero X Ventures, SBI Investment, and Global Hands-On VC.
The company noted it is considering a supplementary raise later this year to accommodate additional strategic and financial investors, given ongoing interest in the platform.
Alongside the equity round, EdgeCortix secured a ¥1.5 billion (approximately US$10 million) unsecured credit facility from Mizuho Bank, strengthening capital resources and extending the company’s banking relationship. The combined capital will support accelerated R&D for next-generation hardware, expansion of global routes to market, and large-scale production of the company’s SAKURA-II AI accelerator platform, as well as the upcoming SAKURA-X chiplet architecture.
Earlier this year, EdgeCortix was awarded a ¥3 billion (approximately US$20 million) government-backed project from Japan’s New Energy and Industrial Technology Development Organization to develop a next-generation, low-power AI inference and learning chiplet platform, reinforcing its role in advancing sustainable semiconductor innovation.
The company continues to expand its global footprint across robotics, aerospace, telecommunications, defense, industrial automation, and broader intelligent infrastructure markets, where demand for high-performance, low-power AI compute at the edge is rapidly increasing.
KEY QUOTES:
“The strong response to our Series B round from both existing and new investors reflects growing recognition of EdgeCortix as a global leader in energy-efficient AI processing. With this capital along with continued government and alternative financing, we are ramping up the production and sales of our SAKURA-II AI accelerator and reducing the time-to-market for our next-generation SAKURA-X chiplet platform, enabling high-performance, low-power AI inference across robotics, telecommunications, aerospace, space, defense, smart-infrastructure and industrial automation worldwide.”
Dr. Sakyasingha Dasgupta, Founder and CEO, EdgeCortix
“The Edge AI market now demands performance and energy efficiency in equal measure. EdgeCortix stands out with a system-level approach, co-designing hardware and software from the ground up to deliver scalable, low-power AI inference. Their ‘software-first’ architecture, an ‘OS for Edge AI,’ unites reconfigurable silicon with an intelligent compiler for maximum efficiency. This approach aligns with TDK’s broader vision for intelligent, energy-efficient technologies at the edge. TDK Ventures is proud to support EdgeCortix as they scale globally across industries such as robotics, smart infrastructure, and beyond.”
Ankur Saxena, Investment Director, TDK Ventures