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Recogni Raises $102M in Series C Funding

PRIVATEFeb 20, 2024

Amount Raised

$102 Million

Round Type

Series C

San JoseSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingImage Recognition

Investors

HSBC Innovation BankingTasaru Mobility InvestmentsPledge VenturesSW Mobility FundBMW I VenturesDNS CapitalMayfieldGreat Point VenturesCelesta Capital

Description

Recogni, a San Jose, CA-based AI-based computing company, raised $102M in Series C funding. The company intends to use the funds to drive system development for AI inference solutions that boost performance and empower efficiency while providing the lowest total cost of ownership.

Quick answer

Recogni raised $102 Million in a Series C round, dated February 20, 2024. Investors: HSBC Innovation Banking, Tasaru Mobility Investments, Pledge Ventures, SW Mobility Fund, BMW I Ventures, DNS Capital, Mayfield and Great Point Ventures. Recogni is based in San Jose, California, United States.

How much did Recogni raise?
Recogni raised $102 Million in a Series C round on February 20, 2024.
Who invested in Recogni?
HSBC Innovation Banking, Tasaru Mobility Investments, Pledge Ventures, SW Mobility Fund, BMW I Ventures, DNS Capital, Mayfield and Great Point Ventures are named as investors in this round.
What does Recogni do?
Recogni is an AI-based computing company based in San Jose, CA, and Munich, Germany, developing AI-based inference processing solutions for Generative AI and intelligent autonomous platforms.
Where is Recogni based and how big is it?
Recogni is based in San Jose, California, United States.
Who are the decision-makers at Recogni?
Fundz holds 4 contacts at Recogni, including the Founder / Product. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Image Recognition around the same time

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

  • Read AI raised $21M (Series A) on April 2, 2024.
  • Magic raised $321M on March 29, 2024.
  • SambaNova raised $676M (Series D) on March 28, 2024.
  • Ensis raised $4M (Seed) on March 28, 2024.
  • Celestial AI raised $175M (Series C) on March 27, 2024.
  • Activeloop raised $11M (Series A) on March 26, 2024.

Who to call at Recogni, and when

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Company Information

Company

Recogni

Location

San Jose, California, United States

About

Recogni is an AI-based computing company based in San Jose, CA, and Munich, Germany, developing AI-based inference processing solutions for Generative AI and intelligent autonomous platforms.

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Related People

4 contacts
Verified contactsGilles, Founder / Product hiddenSee plans and pricing
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Recogni 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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