Ubitium raises $14M to put sensing, AI and control on one chip
Ubitium, founded by Hyun Shin Cho and processor veteran Martin Vorbach, says its new seed round will move its reconfigurable design toward commercial use.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
Ubitium is using new seed capital to push a reconfigurable chip from silicon demonstrations toward commercial evaluation. Its challenge is to show that one architecture can meet the performance, power and reliability needs of machines that sense, infer and act.
Ubitium has raised $14 million in seed funding to turn its reconfigurable processor into a product for autonomous machines. Ubitium aims to use one chip for sensing, AI inference and real-time control tasks now commonly split across several processors. The financing, announced on October 13th, was led by Ibex Investors, with participation from OpenOcean, existing backers KBC Focus Fund, Runa Capital and Inflection, and Florian Seibel, the co-founder and co-CEO of Quantum Systems, investing personally, according to…