Aspinity

SemiconductorsSeries BPittsburgh, USaspinity.com

Latest round

Series B

Last raised

Jul 2023

Total raised

$19M

Investors

11

About Aspinity

Aspinity, Inc.Founded in 2015 and headquartered in Pittsburgh, US, Aspinity, Inc. focuses on developing semiconductor products for machine learning applications. The company was founded by Brandon Rumberg, David Graham, Tom D, and Vinod Kulathumani.Aspinity specializes in advanced semiconductor technology designed to enhance the performance and efficiency of AI-driven solutions. The company's flagship products, including the AML100 and AML200, utilize analog processing to enable ultra-low power machine learning applications in event detection, classification, and notification. These products are particularly beneficial for use cases in sectors such as automotive, smart home technology, and the Internet of Things (IoT), where they facilitate real-time data processing with minimal energy consumption. Aspinity's technology is designed to serve a diverse clientele, including device manufacturers and product developers looking to integrate intelligent event detection capabilities into their offerings.Aspinity generates revenue through the sale of its semiconductor products, which are typically structured as B2B transactions with manufacturers and technology firms. The company provides tailored solutions that allow clients to implement its proprietary technology into their products. Transactions may involve direct sales agreements where clients procure products like the AML100 or AML200 for integration into their systems. Additionally, Aspinity may engage in partnerships that include joint development initiatives, enabling firms to leverage its technology while expanding their market reach.In July 2023, Aspinity, Inc. The company is focused on designing and launching additional products to enhance its offering, although specific details on these upcoming products have not been disclosed.

Who invested in Aspinity

11 investors across 4 rounds

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Funding rounds

  1. Series B

    Jul 14, 2023

    Amount

    $11M

    Investors

    Locked

  2. Series A

    Jun 12, 2020

    Amount

    $5.1M

    Investors

    Locked

  3. Seed

    Nov 27, 2018

    Amount

    $2.9M

    Investors

    Locked

  4. Seed

    Jan 1, 2018

    Amount

    $0.6M

    Investors

    Locked

Questions about Aspinity

Who invested in Aspinity?

Aspinity has 11 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Aspinity raised?

Aspinity has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Aspinity last raise money?

Aspinity's most recent round on record is a Series B, in Jul 2023.

What does Aspinity do?

Aspinity is a semiconductors company.

Where is Aspinity headquartered?

Aspinity is headquartered in Pittsburgh, US.

Which VCs invest in companies like Aspinity?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back semiconductors companies at Aspinity's stage. Their profiles are linked below.

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