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Browser-based hardware design tool Flux raises $12M

TechCrunch

Flux cites both the explosion of remote work (which won’t be going away any time soon) and ongoing hardware constraints, such as the chip shortage, as major drivers in the interest surrounding its technology. The world has changed dramatically since the first commercial chip developers opened shop in the 1970s and 80s.

Hardware 249
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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and the rest of the team perceived that most offline, at-the-edge computing hardware was inefficient and expensive. The edge AI hardware market is projected to grow from 920 million units in 2021 to 2.08

Hardware 240
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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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Meet the ex-Amazon satellite engineers wanting to disrupt hardware workflow

TechCrunch

Imagine building some of the most sophisticated hardware-driven technologies in the world — spacecraft, drones or autonomous vehicles. She wasn’t referring to the sophistication of the tools, but the way in which the hardware production toolset is balkanized across both teams and tasks. VC and technologists.

Hardware 206
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Ex-Apple designer’s ultra-premium audio hardware startup Syng raises $48.75 million

TechCrunch

Audio startup Syng has been building on quite a bit more hype than the average fresh hardware startup, largely because of the team behind it. The company has now raised $50 million to date to build out an audio hardware startup with a hefty focus on design and advanced tech.

Hardware 169
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Reduce ML training costs with Amazon SageMaker HyperPod

AWS Machine Learning - AI

As cluster sizes grow, the likelihood of failure increases due to the number of hardware components involved. Each hardware failure can result in wasted GPU hours and requires valuable engineering time to identify and resolve the issue, making the system prone to downtime that can disrupt progress and delay completion.

Training 112
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Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot

TechCrunch

Percepto , which makes drones — both the hardware and software — to monitor and analyze industrial sites and other physical work areas largely unattended by people, has raised $45 million in a Series B round of funding. It has customers in around 10 countries, with the list including ENEL, Florida Power and Light and Verizon.

Industry 285