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Synopsis
Celesta Capital, a global multi-stage venture capital firm, and GreatPoint Ventures, an early-stage venture capital firm, led a $102m Series C funding round in Recogni, an AI-based computing company, with participation from Mayfield, DNS Capital, BMW i Ventures, SW Mobility Fund, Pledge Ventures and Tasaru Mobility. "The critical need for solutions that directly address the key challenges in AI inference processing—compute capability, scalability, accuracy, and energy savings—is more urgent than ever. Recogni is leading this transformative wave, engineering pivotal advances that will redefine data centers and enterprise and revolutionize industries like automotive and aerospace," Marc Bolitho, Recogni CEO.
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