# Neuchips

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neuchips

- Industry: Electronics
- Headquarters: Los Altos, US
- Website: www.neuchips.ai
- Total disclosed funding: $19M
- Latest round: Series B (Jul 8, 2022)
- Investors on record: 4

## About

Established in 2019 by Youn-Long Lin (Chairman/CEO), and based in California, US, Neuchips Inc. manufactures artificial intelligence-based integrated circuits for Cloud servers in order to build inference accelerators. In July 2022, Neuchips Inc. raised USD 19.36 million in Series B funding from JAFCO Asia, Powerchip Semiconductor Manufacturing, Raydium Corp., and Wistron Corporation. The firm’s partners include Wistron, Synopsys, GUC, Powerchip, BVA, and eMemory.

RecAccel is a product offered by the company that provides artificial intelligence-based application-specific integrated circuit (AI ASIC) solutions that are tuned for high precision, hardware utilization, and energy efficiency. With a streaming engine, adjustable resource allocator, patented recommender operators, and calibrator, the RecAccel™ SDK provides an automated approach to running networks at high performance and accuracy.

The company intends to use the July 2022 funding to accelerate its inference platform for cloud-based platform providers.

## Funding rounds

- Series B, Jul 8, 2022, $19M — JIF Capital, Wistron Corporation, Powerchip Semiconductor Manufacturing, Raydium Corp.

## Investors

- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series B
- Wistron Corporation — Series B
- Powerchip Semiconductor Manufacturing — Series B
- Raydium Corp. — Series B