Rapid Silicon, a San Jose, CA-based provider of AI and intelligent FPGAs based on open-source technology, raised $30M in Series A funding.
Rapid Silicon has closed $15M in funding from Cambium Capital and others, including all existing investors from its seed round. The second close is planned for Q1 2023.
The company intends to use the funds to further invest in its product portfolio, and launch of its premier low-end FPGA product, Gemini.
Led by CEO Dr. Naveed Sherwani, Rapid Silicon is a leader in AI enabled application-specific FPGAs for diverse target applications. The company utilizes a combination of open-source software and proprietary AI technology to improve design and simplify and customer experience.
Gemini is a programmable logic device (PLD) that is power optimized for the massive sensor processing needs, tight thermal profiles, and shrinking form factors required by embedded and edge applications. Rapid Silicon’s software, Raptor Design Suite, is a commercial FPGA EDA suite based on end-to-end open-source software.
FinSMEs
09/01/2022