# Recogni

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.recogni.com
- Total disclosed funding: $174M
- Latest round: Series C (Feb 20, 2024)
- Investors on record: 14

## About

Based in California, US, and founded in 2017, Recogni Inc. develops artificial intelligence (AI) inference solutions for autonomous vehicles. The company was founded by its CPO, R K Anand, and Gilles Backhus. In February 2024, Recogni Inc. raised USD 102 million in Series C funding co-led by returning investors Celesta Capital and GreatPoint Ventures, with participation from Pledge Ventures, Tasaru Mobility Investments, BMW i Ventures, DNS Capital, and Mayfield Fund. The Series C funding values Recogni Inc. at USD 0.44 million post-money. As of 2024, the company is led by its CEO, Marc Bolitho.

Recogni offers artificial intelligence-based inference processing solutions for generative AI and intelligent autonomous platforms. The company’s primary product is a high-performance, low-power chip optimized for AI inference tasks in autonomous vehicles.

The company plans to use the funds raised in February 2024 for system development.

## Funding rounds

- Series C, Feb 20, 2024, $100M — Mayfield Fund, BMW i Ventures, Juniper Ventures, GreatPoint Ventures, DNS Capital, Celesta Capital, Pledge Ventures, Tasaru Mobility Investments
- Series B, Feb 18, 2021, $49M — Mayfield Fund, Continental AG, Robert Bosch Venture Capital, BMW i Ventures, GreatPoint Ventures, DNS Capital, Celesta Capital, Toyota Ventures, Fluxunit
- Series A, Jul 31, 2019, $25M — Faurecia, BMW i Ventures, GreatPoint Ventures, Wanxiang Group Corporation, DNS Capital, Toyota Ventures, Fluxunit

## Investors

- Faurecia — Series A
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A, Series B, Series C
- GreatPoint Ventures (https://capitalatlas.ai/funds/greatpoint-ventures) — Series A, Series B, Series C
- Wanxiang Group Corporation — Series A
- DNS Capital (https://capitalatlas.ai/funds/dns-capital) — Series A, Series B, Series C
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series A, Series B
- Fluxunit (https://capitalatlas.ai/funds/fluxunit) — Series A, Series B
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B, Series C
- Continental AG — Series B
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Series B
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series B, Series C
- Juniper Ventures — Series C
- Pledge Ventures (https://capitalatlas.ai/funds/pledge-ventures) — Series C
- Tasaru Mobility Investments — Series C