This latest oversubscribed round, which brings EnCharge AI's total funding to more than $144 million, will advance the commercialization of its first client computing-focused AI accelerator products in 2025 and progress along EnCharge's future product roadmap.

Led by leading investment firm Tiger Global, the Series B round includes a range of financial and strategic investors that reflect the industry-spanning impact of EnCharge AI's technology, from consumer electronics, infrastructure, and data centers to defense and aerospace.

In addition to Tiger Global, new financial investors include Maverick Silicon, Capital TEN, SIP Global Partners, Zero Infinity Partners, CTBC VC, Vanderbilt University, Morgan Creek Digital, and others. Previous investors participating in the Series B round include RTX Ventures, Anzu Partners, Scout Ventures, AlleyCorp, ACVC, and S5V.

Notable investors with a focus on semiconductors and consumer electronics participating in the Series B round include Samsung Ventures, the corporate venture capital arm of Samsung, and HH-CTBC, a partnership between Hon Hai Technology Group (Foxconn) and CTBC VC. These investors, together with previous investor VentureTech Alliance, provide EnCharge AI with a wealth of insight into future trends, opportunities, and pain points in the semiconductor and consumer electronics industries.

EnCharge AI is the leader in advanced AI compute solutions for deployments from edge-to-cloud. EnCharge's robust and scalable next-generation in-memory computing technology provides orders-of-magnitude higher compute efficiency and density compared to today's best-in-class solutions. The high-performance solutions will enable the immense potential of AI to be accessible at scale, in power, size, and weight constrained applications.