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EnCharge raises $100M+ to accelerate AI using analog chips
EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by
EnCharge, spun out from Princeton University, believes its analog memory chips — envisioned to be embedded in devices such as laptops, desktops, handsets and wearables — will not only speed up AI processing, they’ll help bring the cost down as well. EnCharge’s fundraise is notable because it comes at a time when the U.S. government has identified hardware and infrastructure (including chips) as two key areas where it wants to boost domestic innovation and products. That pool has seen an increasing number of deep tech efforts: Smart founders raising money not for finished products, but interesting ideas that are not yet market-ready but could be a big deal if they are brought into the world.
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