AIStorm Raises $16M in Oversubscribed Series B Funding to Commercialize AI-in-Sensor Chips

AIStorm, an innovator of high-performance AI-in-Sensor processors, has closed $16 million in an oversubscribed Series B financing round from strategic investors that include AsusTek, a leading manufacturer of computing equipment; Egis Technology Inc., a major biometrics supplier; Knowles Corporation, a market leader in advanced micro-acoustic microphones; Meyer Corporation, a world leader in food-preparation equipment; and Senvest Management, a New York-based venture capital firm.