Kneron is a leading provider of edge AI solutions that was founded in 2015 in San Diego, United States. The company focuses on the design and development of integrated software and hardware edge AI solutions for various industries such as AI, Analytics, Hardware, IoT, Robotics, VR/AR, and Machine Learning. In just two years, Kneron has established partnerships and clients globally, offering customized solutions for home appliances, surveillance systems, and smartphones to international companies. In November 2017, Kneron completed a series A financing round, securing over $10 million, with lead investments from Alibaba Entrepreneurs Fund and CDIB Capital Group. Additionally, co-investors include Himax Technologies, Inc., Qualcomm, Thundersoft, Sequoia Capital (specifically its sub funds: Cloudatlas), and CY ZONE. Furthermore, the company recently secured a $49 million Series B investment on 26 September 2023, with key investors including Horizon Ventures, Lite-On Technology, PalPilot International, Foxconn Technology Group, and Foxconn Co-GP Fund. Kneron continues to collaborate with strategic partners to advance edge AI technologies and accelerate the adoption of AI applications across various industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $49.00M | 7 | PalPilot International, Foxconn Technology Group +3 | 26 Sep 2023 |
Series B | $48.00M | 5 | Foxconn Technology Group, ADATA Technology | 05 Oct 2022 |
Venture Round | $25.00M | 7 | PalPilot International, Dillon Hattab +1 | 02 Nov 2021 |
Corporate Round | $7.00M | 1 | Delta Power Solutions | 06 May 2021 |
Corporate Round | $10.00M | 2 | INTEMA | 25 Mar 2021 |