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Quadric Raises $15M To Accelerate Ai At The Edge

by venturebeat.com posted 2months ago 22 views
Quadric, a Burlingame, California-based startup developing a custom-designed chip and software suite for autonomous systems, today announced that it has raised $15 million in a funding round led by automotive components manufacturer Denso, which plans to integrate Quadric’s technology into its autonomous driving stack. Pear, Uncork Capital, SV Angel, Cota Capital, and Trucks Venture Capital also participated. “We’re developers ourselves and have seen the shortcomings of existing technologies for real-time edge computing — we’re building the Quadric platform to address this and unlock new capabilities that will accelerate development of autonomous systems,” said Quadric CEO and cofounder Veerbhan Kheterpal.