Bolt Graphics Seeks 100M Funding
Chip startup Bolt Graphics is aiming to raise roughly 100 million dollars at a valuation of about 700 million dollars. The company plans to develop specialized graphics hardware for scientific computing and professional markets.
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Chip-design startup Bolt Graphics is seeking to raise $100M at a $700M valuation to build non-AI processors. The funding round tests investor appetite for hardware outside the artificial intelligence boom captured by NVIDIA CORP and ADVANCED MICRO DEVICES . Investors poured $10.7B into semiconductor startups during the first five months of the year, per Crunchbase data.
