Deeplite

Deeplite, Inc. is focused on developing AI model optimization techniques for edge devices. The company was founded in 2018 in Montreal, Canada, by Ehsan Saboori.Deeplite specializes in providing optimized AI models specifically designed for edge computing applications. Their core offerings include a suite of advanced model optimization techniques, quantization, and compression, aimed at enhancing the performance of AI applications deployed on edge devices. These solutions enable efficient and rapid deployment of state-of-the-art AI models, tailored to work seamlessly with various AI processors. The company targets semiconductor companies and end-users seeking to accelerate the adoption of neural processing units (NPUs) for real-time applications such as object detection and segmentation.Deeplite generates revenue through a combination of partnerships and direct service offerings focused on model optimization and deployment. The company collaborates with semiconductor firms to create bespoke model zoos, which are collections of pre-optimized models designed for specific processors. Revenue is derived from service agreements and subscription models where clients pay for ongoing access to Deeplite's proprietary software and support. Transactions may include fees associated with the deployment of training and post-processing recipes that assist clients in fine-tuning their AI models for particular applications.In April 2021, Deeplite, Inc. The company intends to design and launch new products focused on model optimization for edge applications, although specific release dates have not been disclosed. Deeplite aims to expand its market presence in North America, Europe, and Asia, targeting industries that demand efficient AI solutions by the end of 2022.

1. Seed

   Apr 13, 2021

   Amount

   $4.9M

   Investors

   Locked