Tuesday, December 15, 2020

AIStorm Raises $16M in Round B to Commercialize its AI-in-Sensor Chip

BusinessWireAIStorm has closed $16M in a Series B financing round from strategic investors that include AsusTek, Egis Technology, Knowles Corporation, Meyer Corporation, and Senvest Management, a New York-based venture capital firm. In 2019, AIStorm raised $13.2M in Round A funding.

AIStorm’s approach is the only technology that allows the sensor to couple directly to popular convolutional neural networks. This allows AIStorm to deliver true, template-based ‘always-on’ at the edge—at prices that deep-submicron digital competitors cannot match for the same performance. This is a winning formula in the highly competitive IoT sector,” said David Schie, CEO of AIStorm.

AIStorm’s charge-domain processing is said to accept charge directly from the sensor, such as electrons from a pixel, and multiplies that charge directly. AIStorm’s partners benefit from an AI-at-the-edge technology that is scalable, offers MAC efficiencies up to several thousand TOPS per watt, and works with conventional tool flows.

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