SynSense (formerly aiCTX) is the global leader in ultra-low-power sensory processing hardware and application solutions based, solidifying its position at the forefront of neuromorphic research since its founding in 2017. A few weeks ago, the startup announced the completion of a pre-Series B+ funding round, raising USD 10 million in a round led by Ausvic Capital.
The company recently closed a strategic funding round led by Maxvision and RunWoo, announcing that it raised an unspecified amount in the “tens of millions of RMB,” according to the startup’s announcement. The funds will be used to accelerate the development of SynSense’s 3D neuromorphic processor DYNAP™-CNN2. The technology allows the company to expand its high-speed vision solutions into autonomous systems, such as drones, robots, and self-driving vehicles.
Maxvision is a smart-technology company based in Shenzhen focusing on biometrics, image analysis, and AI, among other things; RunWoo is a VC firm focusing on digital innovation, including AI, 5G, semiconductor chips, and cloud computing. Since expanding in China in 2020, SynSense has deepened its involvement in the industry and driven the integration of this new technology with real-world edge computing scenarios, creating opportunities for the commercialization of neuromorphic intelligence.