Dott has raised a new $85 million Series B funding round this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the investment. Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. The company […]
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Andy Patrizio is a freelance technology writer based in Orange County, California. He s written for a variety of publications, ranging from Tom s Guide to Wired to Dr. Dobbs Journal.
Storage startup Pliops aims to boost flash performance
With backing from Nvidia and Intel, startup Pliops is working to make data-center storage more efficient.
Rivals Intel and Nvidia are on the same side when it comes to the funding of a startup that promises to make flash storage orders of magnitude faster.
The two are among numerous investors in Pliops, which is developing a specialized storage processor that it says allows applications to access data kept in flash storage up to 100 times faster than with traditional approaches while using a fraction of the electricity required by traditional hardware.
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Startup Funding: February 2021
In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B.
Semiconductors & design
GPU startup
Moore Threads raised an undisclosed amount of pre-A Series funding (stated as billions RMB 1.0B RMB is about $155M) led by
Led by Koch Disruptive Technologies with NVIDIA Expanding Share, Investment in Game-Changing Technology Aimed to Up Data Performance, Deliver Unprecedented ScalabilitySAN JOSE, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) Technology innovator Pliops announced today that it has closed a $65 million oversubscribed funding round, led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, SoftBank Ventures Asia, Expon Capital, Western Digital, Xilinx, and Sweetwood Capital participated, with NVIDIA increasing its share. This news positions Pliops for its goal: delivering game-changing value for enterprise and cloud customers. The investment will be used to bring the new levels of scale, speed and cost effectiveness promised by Pliops’ storage processor to more customers in more ways. A hardware-enabled storage engine deployed in a PCIe card form factor or as a cloud service, the storage processor unlocks the