Aspinity, the leader in near-zero power AI solutions, today announced that it has closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures. Growing Aspinity's total funding to more than $19 million, the round also includes new strategic investor and partner Unitrontech, a leading distributor of automotive semiconductors and key partner of leading automotive manufacturers.

Aspinity is the world leader in the design and development of analog processing chips that enable near-zero power AI systems. The company's cutting edge, analog machine learning (analogML) core consumes just 10's of microamps and eliminates the wasteful high-power processing of non-meaningful data, dramatically improving battery life in smart home, IoT, consumer, industrial and medical applications.