BURLINGAME, CA, Quadric, the inference engine that powers on-device AI chips, announced an oversubscribed $30 million Series C funding round.
Quadric, the inference engine that powers on-device AI chips, today announced an oversubscribed $30 million Series C funding round, bringing total capital raised to $72 million.
ACCELERATE Fund, managed by BEENEXT Capital Management, led the round. Uncork Capital returned with one of the largest insider commitments through its opportunity fund, joined by insider Pear VC. New investors include Volta, Gentree, Wanxiang America, Pivotal, and Silicon Catalyst Ventures.
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