logo
logo

Recogni raises $102 million in Series C funding co-led by Celesta Capital and GreatPoint Ventures to advance next generation AI inference solutions.

Recogni raises $102 million in Series C funding co-led by Celesta Capital and GreatPoint Ventures to advance next generation AI inference solutions.

03/04/24, 6:58 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$102 million
Industry
natural language processing
machine learning
artificial intelligence
software
Round Type
series c
Investors
Hsbc Innovation Banking, Tasaru Mobility Investments, Pledge Ventures, Sw Mobility Fund, Bmw I Ventures, Dns Capital, Mayfield, Great Point Ventures, Celesta Capital
Recogni, the leader in AI-based computing, announced the closing of $102 million in Series C funding, with Celesta Capital and GreatPoint Ventures as the co-leaders. Existing investors Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund also participated, along with new investors Pledge Ventures and Tasaru Mobility Investments, and debt provided by HSBC Innovation Banking. The funding will be used to drive next generation system development for AI inference solutions that boost performance and power efficiency while providing the lowest total cost of ownership.

Company Info

Company
Recogni
Location
san jose, california, united states
Additional Info
Recogni is an AI-based computing company based in San Jose, CA, and Munich, Germany, developing AI-based inference processing solutions for Generative AI and intelligent autonomous platforms.

Related People