
Quadric.io gets Denso backing for edge processing units
Denso has done this through its wholly-owned subsidiary Nsitexe Inc. (Tokyo, Japan). Nsitexe is a developer of semiconductor IP founded by Denso in 2017. Neither the size of the stake nor the amount invested has been disclosed.
The purpose of the investment is to help quadric.io’s development of edge processing units (EPUs), which could serves as building block foundations for automated driving, Denso said.
Denso and Nsitexe have also participated in an investment in ThinCI (see ThinCI raises $65 million in Series C). Quadric.io’s technology is a potential fit with Nsitexe’s strategy to develop Data Flow Processor (DFP) for commercial release at some time between 2020 and 2025.
Quadric.io’s computing technology is intended to speed the development of cars and robots that require high levels of computation with low latency while minimizing power consumption.
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