Aspinity announced it raised $10.9 Million in an initial filing from an offering of $10.9 Million

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Aspinity is revolutionizing the design of battery-operated, always-on sensing devices. The company's unique analog machine learning processor introduces a completely new, bio-inspired approach to always-on sensing that improves battery life by 10x by eliminating the power-wasting processing of irrelevant data. Headquartered in Pittsburgh, Aspinity delivers the power- and data-efficient solution required for the next generation of portable always-on devices for IoT, smart home, consumer, industrial, and medical applications such as voice/sound wake-up, industrial machine health monitoring, and wearable health monitoring.