Expedera, a leading licensor of edge inference artificial intelligence (AI) semiconductor intellectual property (IP), today announced it raised $20 million in Series B funding led by indie Semiconductor, with participation from prominent repeat and new industry investors. This investment, which includes converting a previous SAFE note, brings the company's total funding to more than $47M. It will enable Expedera to advance its high-performance, energy-efficient Neural Processing Unit (NPU) IP products and services and expand its global engineering footprint.

Expedera provides customizable neural engine semiconductor IP that dramatically improves performance, power, and latency while reducing cost and complexity in edge AI inference applications. Successfully deployed in well over 10 million consumer devices, Expedera's Neural Processing Unit (NPU) solutions are scalable and produce superior results in applications ranging from edge nodes and smartphones to automotive. The platform includes an easy-to-use TVM-based software stack that allows the importing of trained networks, provides various quantization options, automatic completion, compilation, estimator, and profiling tools, and supports multi-job APIs.