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Edgecortix Closes $20 Million In Additional Funding Round

PRIVATEOct 04, 2023

Amount Raised

$20 Million

Round Type

Funding Round

TokyoHardwareSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Investors

Monozukuri VenturesCycle GroupRenesas Electronics CorporationGlobal Hands On Vc (Ghovc)SBI Investment Co., Ltd.

Description

EdgeCortix® Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company today announced the closing of a $20 million (approximately ¥3 billion) funding round led by Japan's foremost venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a leading Japan-US collaboration-focused VC with a history of successful semiconductor investments. In addition, EdgeCortix also received an investment from Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, to extend its strategic collaboration with EdgeCortix on AI/ML (Machine Learning) development

Quick answer

EdgeCortix raised $20 Million in a Funding Round round, dated October 4, 2023. Investors: Monozukuri Ventures, Cycle Group, Renesas Electronics Corporation, Global Hands On Vc (Ghovc) and SBI Investment Co., Ltd. EdgeCortix is based in Tokyo, Tokyo, Japan.

How much did EdgeCortix raise?
EdgeCortix raised $20 Million in a Funding Round round on October 4, 2023.
Who invested in EdgeCortix?
Monozukuri Ventures, Cycle Group, Renesas Electronics Corporation, Global Hands On Vc (Ghovc) and SBI Investment Co., Ltd. are named as investors in this round.
What does EdgeCortix do?
EdgeCortix is an Edge Artificial Intelligence (AI) Platform company, pioneering the future of the connected intelligent edge.
Where is EdgeCortix based and how big is it?
EdgeCortix is based in Tokyo, Tokyo, Japan. Fundz records about 52 employees.
Who are the decision-makers at EdgeCortix?
Fundz holds 2 contacts at EdgeCortix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Data And Analytics around the same time

Companies in the same sectors as EdgeCortix that raised within 45 days of this round, from Fundz verified event records.

  • d-Matrix raised $110M (Series B) on September 6, 2023.
  • Zephyr AI, Inc. raised $111M on October 27, 2023.
  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • RIOS raised $1.1M on September 29, 2023.
  • Bright Money raised $12M (Funding Round) on September 27, 2023.
  • Ahura AI raised $2.7M (Seed) on September 22, 2023.

Who to call at EdgeCortix, and when

A new round usually means EdgeCortix is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

EdgeCortix

Location

Tokyo, Tokyo, Japan

About

EdgeCortix is an Edge Artificial Intelligence (AI) Platform company, pioneering the future of the connected intelligent edge. It was founded in 2019 with the radical idea of taking a software first approach, while designing an artificial intelligence specific runtime reconfigurable processor from the ground up using a technique called "hardware & software co-exploration". Targeting advanced computer vision applications first, using proprietary hardware and software IP on existing processors like FPGAs and custom designed ASIC, the company is geared towards positively disrupting the rapidly growing AI hardware space across defense, aerospace, smart cities, industry 4.0, autonomous vehicles and robotics.

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EdgeCortix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.