Semiconductor Startup optoML Secures $1.8M Funding for Next-Gen AI Chips

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optoML, a semiconductor startup specializing in SoC technology, has successfully raised $1.8 million in a pre-Series A funding round led by Bluehill.VC and A99. The company plans to utilize the investment to expand its workforce and commence development on its upcoming line of chips following the 12 nm tapeout completion with TSMC.

Led by Saravana Maruthamuthu, optoML is known for constructing analog-in-memory compute architectures integrated with optical interconnects to handle AI workloads efficiently. Their proprietary in-memory compute design reportedly offers a significant energy efficiency boost, up to 50 times more than conventional digital accelerators, with a focus on applications in edge computing, enterprise solutions, and data centers.

Furthermore, optoML has signed a Memorandum of Understanding (MoU) with Kaynes Semiconductor to facilitate assembly and testing operations once TSMC delivers the wafers. The company functions as a fabless semiconductor entity, concentrating on developing scalable AI System-on-Chip (SoC) platforms using FinFET nodes.

Bluehill.VC, a firm specializing in deep-tech investments spanning semiconductors, defense, energy, and industrial technology, spearheaded the funding round for optoML.

Source: Entrackr : Latest Posts