Announced
Financials
Tags
Minority
Private
Semiconductors
Acquisition
Venture Capital
Cross Border
United States
Friendly
Completed
chip developer
Private Equity
Synopsis
Tracker Capital and Intel Capital, the venture capital firms, led a $125m funding round in Untether AI, a chip developer for companies running AI workloads. Other investors included Canada Pension Plan Investment Board and Radical Ventures. “Tracker Capital’s unmatched experience and relationships across sectors will help speed our engagements in multiple high-value markets, including telecom, technology, financial services, retail, and defense. I am also thrilled to welcome CPP Investments to the Untether AI family. With the new funding round and partnerships, we will be able to expand our current product reach and accelerate the development of our next generation products," Arun Iyengar, Untether AI CEO.
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