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Startup Funding: April 2021 April showers brought mega fundraising rounds to the semiconductor industry. In China, a mobile chipset maker looking to go public won significant funding along with partnerships with major smartphone companies. In the US, AI hardware startups are drawing interest with unique processor architectures and business models. Plus, a major test and design services company drew new investment. This month, we take a look at 22 companies that collectively raised over $2.3B. Semi & design Guosheng Capital, Haier Financial, and W&W Fund among the participants. The fabless company designs a range of chipsets for mobile and IoT/IIoT applications, including 5G mobile and baseband as well as NB-IoT. It is currently working with Xiaomi and OPPO on a sub-6GHz 5G chip. Formerly known as Spreadtrum before its acquisition by Tsinghua Unigroup, Unisoc is based in Shanghai, China. It is reportedly preparing to list on the Shanghai STAR market later this ....
16 hours ago Investment Will Enable Operational Growth and Productization to Cloud Data Center and 5G Base Station Markets SAN JOSE, Calif.–(BUSINESS WIRE)–#AI–Axiado Corporation, a Silicon Valley-based, AI-driven hardware security company has announced an initial investment as a part of closing its $20 million Series B funding. This round was led by a Series A investor Orbit Venture Partners (OVP), and supplemented by Founder of Infinera Dave Welch, New Enterprise Associates Chairman and Cofounder Dick Kramlich, and a group of individual investors. “We are very pleased for our investors’ confidence in our vision, technology, team, and customer traction,” said ....