Efficient Computer Raises 97 Million at 650M Valuation
Efficient Computer has secured 97 million dollars in new funding to scale its energy efficient data flow processors. The startup aims to power battery operated devices like drones and small robots.
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Efficient Computer raised $97 million in an investment round on Tuesday morning, pushing its valuation to $650 million. The chip startup is developing data-flow architectures designed to beat standard processors in energy efficiency. Chief executive Brandon Lucia said the new capital will accelerate hardware shipments.
