Quadric, the startup building accelerator chips for computer vision and AI acceleration, has raised $21 million in a Series B funding round. The round was once again led by NSITEXE, a group company of Japanese automotive Tier 1 supplier Denso, with additional investment form MegaChips alongside existing investors. The company has raised a total of $39 million to date.

Quadric, a company that jumped into the AI edge processing fray last year with a high-performance chip that it said didn’t require high-power CPU clusters, has raised $21 million to help fund its w | The company is planning to have a second-generation processor ready by the end of this year.

Another day, another semiconductor company talking about its own take on AI processing at the edge. | Quadric combines processing for classic and AI algorithms one its new architecture.

Quadric has optimized its architecture for both AI and standard computer vision algorithms aimed at edge applications.

Quadric introduced a unified silicon and software platform that is designed to provide on-device AI.

With the explosion of internet of things (IoT) technology and sensors over the past decade, one thing has become clear: there is currently no easy way to

Quadric.io, a startup founded by some of the folks behind the once-secretive bitcoin mining operation “21E6,” has raised $15 million in a Series A round that will fund the development of a supercomputer designed for autonomous systems. The round was led by automotive Tier 1 supplier DENSO a…