Your Source for Venture Capital and Private Equity Financings

Recogni Scoops Up $102M Series C Round

SAN JOSE, CA, Recogni, the leader in AI-based computing, today announced the closing of $102 million in Series C funding.
The round was co-led by Celesta Capital and GreatPoint Ventures. Existing investors Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund also participated. Joining the round are new investors Pledge Ventures and Tasaru Mobility Investments, a company wholly owned by Public Investment Fund (PIF), with debt provided by HSBC Innovation Banking. The funding will be used to drive next generation system development for AI inference solutions that boost performance and power efficiency while providing the lowest total cost of ownership.

Recogni develops AI-based inference processing solutions for Generative AI and intelligent autonomous platforms. Recogni delivers solutions for high compute, low power, and scalability.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors