CoCoPIE Secures Series A Funding: Investment in Real-Time AI Solutions for Next-Gen Results
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Thursday, August 26, 2021
Unitus Seed Fund, Software, Partnership, Engineering, Thought, Science, National Science Foundation, Research, NSF, Division, Hardware, Perception, Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education, AI, Small Business Innovation Research, Small business, Deep learning, SBIR, DL, Solution, Technology, Pharmaceutical industry, Medical device
With this investment, CoCoPIE will focus on growing its customer base and investing in research & development.
Key Points:
- With this investment, CoCoPIE will focus on growing its customer base and investing in research & development.
- "We are excited that Sequoia China Seed Fund continues to invest in CoCoPIE to further our goal in disrupting the AI landscape," said Dr. Yanzhi Wang, Ph.D., Chief Executive Officer at CoCoPIE.
- "This investment furthers our thesis that our software-only Compression Compilation Co-Design approach will offer new opportunities for democratizing AI capability on edge devices, while invalidating the common perception on the indispensability of special AI hardware for real-time AI on end devices.
- CoCoPIE is the leading software that enables real-time AI for off-the-shelf mobile devices through proprietary DL compression-compilation co-design.