SynSense, the world-leading commercial supplier of ultra-low-power sensory processing hardware and application solutions, has announced the completion of a pre-B+ funding round, raising USD$10M. Its smart vision sensor combines the latest event-based image sensing technology with a 320,000-neuron processor to deliver real-time vision processing at milliwatt power consumption.
SynSense’s neuromorphic technology, inspired by information perception and processing in biological brains, offers a considerable advantage for applications by significantly reducing dependence on cloud computing, and by improving computing efficiency at the device level.
Speck, the world’s first event-driven, ultra-low-power smart vision processing SoC, combines the latest event-based image sensing technology with a 320,000-neuron processor to deliver real-time vision processing at milliwatt power consumption.
The round was led by Ausvic Capital, and the funds will be used to accelerate the mass production of Speck. The capital will also support the development of edge computing applications in a range of markets, such as smart homes, intelligent security, precision farming, autonomous driving, and drones.
“Several current markets have strong demands for ultra-low power chips to move compute and sensory processing to the extreme network edge. The neuromorphic approach of SynSense stands out as a promising path towards achieving this goal,” said Ray Li, Senior Investment Analyst at Ausvic Capital. “We highly appreciate enterprises that drive technological innovation. We are confident that SynSense will emerge as a top-tier player in the industry, gaining unicorn status in the process.”
“Accelerating the commercialization of neuromorphic technology has always been our key mission,” said Ning Qiao, Founder and CEO of SynSense. “We are eager to work with our partners to achieve revolutionary breakthroughs in edge computing technology and to expand the boundaries of ultra-low-power AI applications at the edge.”
From Zürich to China
SynSense was founded in March 2017 in Zürich, based on ground-breaking advances in neuromorphic computing hardware developed at the Institute of Neuroinformatics of the University of Zurich and the ETH Zurich.
Since expanding in China from 2020, SynSense has deepened its involvement in the industry and driven the integration of this new technology with real-world edge computing scenarios, creating opportunities for the commercialization of neuromorphic intelligence.
Since last year, SynSense has established partnerships with leading companies, including BMW, CETHIK, top animal husbandry enterprises in China, and European tech companies and innovation institutions.
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