GreenWaves gets €20 million, military backing to ramp GAP9
GreenWaves Technologies SA (Grenoble, France), a pioneer of RISC-V application processors for the edge, has raised €20 million in funding. The funding will support the production ramp up of GAP9 processor and the development of a next-generation GAP processor.
The money comes from Innovacom together with Thales, Definvest and the French Tech Seed Fund, with the backing of historical shareholders Soitec and Zepp Health. Definvest is an investment vehicle of the French Ministry of the Armed Forces.
GreenWaves was founded in 2014.
The GAP9 is achieving “market traction” with tier one hearables vendors, said GreenWaves. The money will allow the company to make more chips. GAP9 is also being designed into battery-powered IoT products such as smart cameras, condition monitoring sensors and vital-signs monitoring devices.
GreenWaves claims that GAP9 delivers the lowest energy consumption across all of the tests in the MLPerf Tiny v1.0 inference benchmark. The funding will also support the development of GreenWaves’ next generation processor, one able to extend those benchmark figures.
“We are delighted about the rate of customers adoption of GAP9, with a dozen design wins in hearables and IoT. Hearables is on its way to surpass smartphones in innovation and volume,” said Loic Lietar, CEO of GreenWaves Technologies, in a statement.
“Through this investment in GreenWaves Technologies, the Definvest fund will contribute to the development of a promising French sector from which the defence sector can benefit,” said Sébastien Lecornu, France’s Minister for the Armed Forces, in the same statement.
Related links and articles:
www.greenwaves-technologies.com
News articles:
Greenwaves stresses GAP9’s hearing credentials
Greenwaves preps GAP9 IoT Processor on FDSOI
SiFive creates global network of RISC-V startups
Here comes Alif Semiconductor with $70 million
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
