EdgeQ, a Santa Clara, CA-based 5G wireless infrastructure company, raised $75M in Series B funding.
Backers included Phaistos Investment Fund, Strategic Development Fund (SDF), EDBI, IRONGREY, ST Engineering, Yaletown, ClearSky, and existing investors.
The company intends to use the funds to ramp production of its 5G + AI “Base Station-on-a-Chip” to meet customer demand and to develop its chip.
Led by CEO Vinay Ravuri, EdgeQ is an innovator in on-chip 5G systems that focuses on converged connectivity and software-programmable and customizable AI. The company has developed a “base station on a chip” that offers operators, cloud service providers and enterprises the ability to create, configure and deploy cost-effective public and private networks. The massively integrated 4G + 5G + AI chip leverages both RISC-V and ARM architectures to compact on a small scale an entire rack of high-performance and complex base station communications equipment into a tiny, cost-effective enclosure. energy view. The platform comes fully featured, including production-grade physical layer (PHY) software that governs all essential 4G/5G functionality and protocols.
The company also has offices in San Diego, CA and Bangalore, India.
FinSMEs
20/04/2023