Azimuth AI Raises $11.5 Million to Advance Affordable Edge Computing
Azimuth AI, a startup developing highly customized silicon products, has secured $11.5 million in funding. This latest funding round will be crucial in propelling the company’s mission of making computing more accessible and sustainable.
Reimagining Silicon for Sustainability and Accessibility
This funding highlights a growing trend toward silicon customization as the world grapples with the increasing energy demands of computational workloads.
Headquartered in Sacramento, California, with operations in Hyderabad, India, Azimuth AI specializes in designing silicon solutions tailored for edge and embedded computing applications. This approach promises more efficient and cost-effective computing in industries
that traditionally rely on resource-intensive cloud-based solutions.
The company’s dedication to environmental sustainability and affordability aligns with the growing need for affordable and energy-conscious technology strategies. This focus on sustainable technology solutions is crucial, given the rapidly expanding data demands and environmental impact of traditional computing approaches.
Leading the Round
The funding round was led by Cyient, a prominent global technology companies. Moneta Ventures also participated in the round, alongside Growth Factory and AUM ventures. The investment reflects the industry’s growing confidence in Azimuth AI’s approach to
silicon design. In conjunction with the funding, Krishna Bodanapu, Cyient Executive Vice Chairman and Managing Director, Ramya Mohan, Cyient Vice President and Head of Group Strategy, and Ashu Bhalla, Partner at Moneta Ventures, joined Azimuth AI’s Board of Directors, lending their expertise to guide the company’s growth.
The company’s expertise in silicon customization is poised to significantly impact industries seeking cost-effective and energy-efficient computing solutions. By ”
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The $10.5 million injection will empower Azimuth AI to deliver on a key objective — productizing a System on a Chip (SoC) for a major Original Equipment Manufacturer (OEM). Notably, this surge in funding allows for expansion efforts that include growing the team and forging new strategic partnerships.
The ambition of Azimuth AI goes beyond simply building efficient silicon; it’s about democratizing access to technology. Co-founder Sri Badiga, along with co-founder Praveen Yasarapu, are driven by a shared vision – to bring powerful computing potential to markets that have traditionally been underserved or priced out.
These efforts will translate into tangible benefits, from impacting educational access through instrumented learning
to improving accessibility for people with disabilities through embedded assistive technology.