COMPANY INFO
EnCharge AI, founded in 2021, is a private company headquartered in Santa Clara, California, specializing in advanced artificial intelligence hardware and software systems for edge computing. The company was co-founded by Naveen Verma, Kailash Gopalakrishnan, and Echere Iroaga, employs around 48 people, and operates primarily in the General Purpose Semiconductors industry. EnCharge AI develops AI computing platforms that leverage existing semiconductor supply chains to build scalable AI architectures and flexible software integration, enabling businesses to access advanced AI capabilities seamlessly. Their website is https://www.enchargeai.com/about-us.
EnCharge AI is a pioneering company founded in 2022 and headquartered in Santa Clara, California. Specializing in advanced artificial intelligence hardware and software for edge computing, EnCharge AI operates within the General Purpose Semiconductors industry. The company was co-founded by Naveen Verma, Kailash Gopalakrishnan, and Echere Iroaga, and employs a talented team of around 58 members. EnCharge AI develops dedicated AI computing platforms leveraging current semiconductor supply chains to deliver scalable and flexible AI architectures. Their innovative solutions allow businesses to integrate cutting-edge AI capabilities seamlessly.
EnCharge AI funding history reflects a robust growth trajectory centered on innovative AI compute solutions. Since its founding, EnCharge AI has raised approximately $162.9 million across four major funding rounds. This capital has enabled key commercial and R&D milestones, supporting their strategy to develop high-performance, cost-effective, and scalable AI hardware and software stacks. The funding journey includes contributions from top-tier venture capital firms, institutional investors, strategic partners, and government agencies. EnCharge AI investors have backed the company’s mission to commercialize breakthrough AI accelerators for edge and client computing, expanding its impact across industries.
This oversubscribed Series B round was led by Tiger Global and supports the commercialization of EnCharge AI's client-focused AI accelerator products and the advancement of their future product roadmap.
The Series A extension round, led by VentureTech Alliance, RTX Ventures, and ACVC Partners, provided additional institutional capital to accelerate the development of full-stack, cost-effective AI solutions and unlock further AI compute capabilities.
Led by Anzu Partners, this foundational Series A round enabled EnCharge AI to further develop and commercialize its semiconductor hardware and software stack, addressing the need for highly efficient AI compute at the edge.
DARPA awarded a research and development grant to EnCharge AI to advance their analog in-memory computing technology for next-generation AI applications.
Tiger Global is a leading global investment firm backing growth-stage companies. As the lead investor in EnCharge AI's Series B round, Tiger Global is instrumental in powering the company’s commercialization and scaling efforts.
AlleyCorp is a prominent venture capital fund and startup studio. AlleyCorp’s participation underscores confidence in EnCharge AI’s disruptive potential in the AI hardware sector.
Samsung Ventures, the venture investment arm of Samsung, brings strategic insight and resources to EnCharge AI, supporting their expansion and next-gen product development.
Leading the Series A round, Anzu Partners specializes in backing breakthrough technology companies, fueling EnCharge AI’s early commercialization and innovation endeavors.
Maverick Silicon invests in leading-edge semiconductor companies and supports EnCharge AI with their industry expertise.
As a technology VC, Capital TEN provides both funding and network support, bolstering EnCharge AI’s technological growth.
The venture capital arm of Exelon Corporation, Constellation Technology Ventures, enhances EnCharge AI’s reach into energy and industrial AI applications.
In-Q-Tel, the non-profit strategic investor for U.S. intelligence and defense, validates EnCharge AI's potential for secure and advanced AI deployments.
A major digital asset investment firm, Morgan Creek backs EnCharge AI to drive innovation at the intersection of semiconductors and AI.
SIP Global Partners invests internationally, helping EnCharge AI expand its presence and solutions to new markets.
RTX Ventures, the venture capital arm of RTX (Raytheon Technologies), boosts EnCharge AI’s visibility and adoption within defense and aerospace industries.
Early-stage support from Scout Ventures has aided EnCharge AI in technology validation and initial market entry.
ACVC, or Applied Ventures LLC, is a key institutional partner funding EnCharge AI’s core innovation strategies.
S5V brings operational support and resources as a strategic backer, accelerating EnCharge AI’s market readiness.
VentureTech Alliance led the Series A extension, providing critical growth capital and strategic guidance during a pivotal development stage.
Zero Infinity Partners invests across high-tech sectors, including AI and semiconductors, lending EnCharge AI added industry expertise.
As a major Asian investor, CTBC VC supports EnCharge AI’s global expansion and product commercialization.
As an institutional investor, Vanderbilt University’s participation underscores academic confidence in EnCharge AI’s novel technologies.
Websets is a powerful natural language search and data enrichment tool that helps you discover comprehensive funding information for any company. Whether you're researching EnCharge AI funding rounds or exploring investment data for other companies, Websets provides detailed insights into funding history, investors, and financial milestones.
With Websets, you can access detailed funding profiles, investor information, and financial data through intuitive natural language queries. Sign up now to enhance your funding research capabilities.