Members of the LGBTQ+ community and allies gathered at a transgender pride party in the LGBTQ+ Resources Office during Transgender Week of Awareness to celebrate and support the trans community. Transgender Week of Awareness, Nov. 13-17, called for a week’s worth of events celebrating and shedding light on trans pride at the University of Kentucky,.
Foxconn and Winbond announce strategic investment in Kneron Kneron, a leading on-device edge artificial intelligence (AI) company based in San Diego, California, has announced that it has raised additional funding from Foxconn and Winbond.
Kneron will be working closely with investors on strategic partnerships and new projects and concepts in the AI space. Kneron is working with Foxconn on serving AI use cases in industry 4.0 as well as the automotive industry, through Foxconnâs MIH open platform for electric vehicles. Winbond and Kneron will work on developing microcontroller unit (MCU)-based AI and memory computing.
Hong Kong based venture capital firm Horizons Ventures was the lead investor in the previous $40mn round and has invested in earlier rounds. Other investors included Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Qualcomm, Thundersoft, Sequoia Capital and Weltrend.
Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal
A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic funding round from Taiwan’s manufacturing giant Foxconn and integrated circuit producer Winbond.
The deal came a year after Kneron closed a $40 million round led by Hong Kong tycoon Li Ka-Shing’s Horizons Ventures. Amongst its other prominent investors are Alibaba Entrepreneurship Fund, Sequoia Capital, Qualcomm and SparkLabs Taipei.
Kneron declined to disclose the dollar amount of the investment from Foxconn and Winbond due to investor requests but said it was an “eight figures” deal, founder and CEO Albert Liu told TechCrunch in an interview.