# Syntiant

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

- Industry: Semiconductors
- Headquarters: Irvine, US
- Website: www.syntiant.com
- Total disclosed funding: $119M
- Latest round: Series D (Feb 3, 2022)
- Investors on record: 18

## About

Syntiant Corp., located in the US, specializes in creating advanced edge artificial intelligence solutions, focusing on power-efficient technologies designed to enhance device performance and intelligence without relying on cloud processing.Founded in 2017 in Irvine, US, Syntiant Corp. is dedicated to delivering innovative AI solutions. The firm has successfully raised USD 54.99 mn in its Series D funding round, which was participated in by investors such as Amazon and Intel Capital. The company has completed a total of 5 deals, reinforcing its position within the AI sector. Pieter Vorenkamp is the founder of Syntiant, while Kurt Busch serves as the CEO. The latest funding round occurred on December 27, 2024, bringing the total amount raised to USD 54.99 mn and valuing the company at USD 366.69 mn.Syntiant specializes in designing and delivering advanced edge artificial intelligence (AI) solutions primarily through its innovative Neural Decision Processors™ and a suite of high-performance sensors. The company's core products facilitate the deployment of deep learning models directly on power-constrained devices, thus eliminating the need for cloud processing. Notable features include at-memory compute capabilities that significantly reduce power consumption and latency, allowing devices to achieve efficiency levels exceeding 80%. Syntiant serves a diverse clientele across multiple sectors, including automotive, smart home, government, and industrial applications, with solutions that enhance voice recognition, audio processing, and sensor data acquisition. The company has successfully shipped more than 20 billion sensors globally, compellingly positioning itself as a leader in the markets of Mobile, Ear, and IoT. Key geographical markets for Syntiant's products include North America, Europe, and Asia, where demand for AI-driven edge solutions continues to rise.Syntiant generates revenue through partnerships and direct sales of its proprietary AI solutions and sensors. The company operates on a business-to-business (B2B) model, engaging with manufacturers and technology firms that integrate Syntiant's products into their consumer electronics and industrial devices. Transaction structures often involve bulk purchases of its Neural Decision Processors™ and MEMS microphones, along with licensing agreements for its software models. While specific pricing details for these products are not disclosed, the value derived from their high-efficiency performance and the resulting cost savings for clients is a key selling point. The flagship Neural Decision Processors™ stand out in the market, providing substantial throughput and efficiency improvements over traditional low-power microcontroller units (MCUs), thus driving sustained interest from various sectors looking to enhance their device capabilities.Looking ahead, Syntiant Corp. plans to utilize the recent funding raised on December 27, 2024, to establish an AI R&D centre and expand its solutions portfolio. The company is focusing on introducing new products that will further enhance its offerings, with a strategic goal to penetrate additional markets in North America, Europe, and Asia by the end of 2025. This initiative aims to capitalize on the growing demand for AI-driven technologies across diverse sectors.

## Funding rounds

- Series D, Feb 3, 2022, $55M — Intel Capital, Atlantic Bridge, Millennium Technology Value Partners, Applied Ventures, Robert Bosch Venture Capital, Renesas Electronics Corporation, M12, Alumni Ventures Group, Mirae Asset Venture Investment, Amazon
- Series C, Aug 4, 2020, $34M — Miramar, Microsoft, Atlantic Bridge, Applied Ventures, Seraph Group, M12, Alpha Edison, Sunstone Management
- Series B, Oct 24, 2018, $25M — Intel Capital, Microsoft, Applied Ventures, Motorola Solutions Venture Capital, Robert Bosch Venture Capital, Seraph Group, M12, Embark Ventures, Sunstone Management, Amazon
- Series A, Oct 4, 2017, $5.1M — Intel Capital, Seraph Group, DHVC, Embark Ventures, Sunstone Management

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B, Series D
- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A, Series B, Series C
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series A
- Embark Ventures (https://capitalatlas.ai/funds/embark-ventures) — Series A, Series B
- Sunstone Management (https://capitalatlas.ai/funds/sunstone-management) — Series A, Series B, Series C
- Microsoft — Series B, Series C
- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series B, Series C, Series D
- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series B
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Series B, Series D
- M12 (https://capitalatlas.ai/funds/m12) — Series B, Series C, Series D
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B, Series D
- Miramar (https://capitalatlas.ai/funds/miramar) — Series C
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series C, Series D
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series C
- Millennium Technology Value Partners (https://capitalatlas.ai/funds/millennium-technology-value-partners) — Series D
- Renesas Electronics Corporation — Series D
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series D
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series D
