Anaflash Secures Funding for Non-Volatile AI Microcontroller Commercialization
Anaflash specializes in neuromorphic, non-volatile edge AI processor technology aimed at advancing the performance and efficiency of battery-powered smart devices.
Company Name: Anaflash
Location: Sunnyvale, CA
Industry: Edge AI Processor Development
Funding Details:
Anaflash raised an undisclosed amount in a funding round led by Stonebridge Ventures, with participation from L&S Venture Capital, Lotte Ventures, and Plug and Play Ventures. The company’s ongoing Series-A funding round is expected to close by the end of 2024, pending a transaction with an undisclosed corporate participant.
Purpose of Investment:
The funds will be used to commercialize Anaflash’s non-volatile AI microcontroller product designed for battery-powered smart edge devices.
Leadership:
- CEO: Peter Song
Product:
Anaflash develops processors that integrate non-volatile memory with low-power AI acceleration engines. This innovative technology reduces data traffic between processors and memory, optimizing neural network computations for edge AI applications.
About Company:
Anaflash specializes in neuromorphic, non-volatile edge AI processor technology aimed at advancing the performance and efficiency of battery-powered smart devices. Its solutions enable faster, more energy-efficient AI operations, addressing the growing demands of edge computing.
