Efficient Computer raises $100 million for data-flow processors
Article image: The Economic TimesEfficient Computer develops data-flow processors and software tools intended to make general-purpose computing more energy-efficient. Reuters, via The Economic Times, reports a $100 million round led by TQ Ventures at a $650 million valuation. Its first shipping chips target drones and small robots, with the new funding intended to increase shipments.
DTT summary based on The Economic Times's report. The full article is on the publisher's site.
Round details
Develops data-flow processors and software tools for more energy-efficient general-purpose computing.
- Valuation: $650M; cumulative capital raised: $176M.
- First shipping chips target drones and small robots; funding supports increased shipments.
- Raised: $100M
- Valuation: $650M
- Investors: TQ Ventures, Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, Toyota Ventures, Overmatch, Borderless