Aspinity, Inc. is a disruptive startup that is redefining the landscape of battery-operated, always-on sensing devices. The company's analog machine learning processor presents an innovative, bio-inspired approach to always-on sensing, effectively improving battery life by 10x through the elimination of power-wasting irrelevant data processing. Headquartered in Pittsburgh, Aspinity's cutting-edge technology promises to deliver power- and data-efficient solutions for the next generation of portable always-on devices across various sectors including IoT, smart home, consumer, industrial, and medical applications such as voice/sound wake-up, industrial machine health monitoring, and wearable health monitoring. Founded in 2015, Aspinity operates in the industrial, semiconductor, and energy storage industries. The company recently secured a significant $2.60M Venture Round investment on 21st May 2024. This injection of capital is poised to fuel the company's growth and innovation, setting the stage for their continued success in the market. Aspinity represents an exciting prospect for investors seeking opportunities in the rapidly evolving technology space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $2.60M | - | 21 May 2024 | |
Series B | $5.00M | 5 | 19 Sep 2023 | |
Venture Round | Unknown | 1 | TechNexus Venture Collaborative | 01 Aug 2022 |
Seed Round | $2.90M | 4 | TechNexus Venture Collaborative, Grant Newlin | 09 Oct 2018 |
Seed Round | $570.00K | 6 | TechNexus Venture Collaborative | 01 Jan 2018 |
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