Cycle Capital and BDC Capital led a CAD20m Series A round in Blumind.

Cycle Capital and BDC Capital, investment firms, led a CAD20m Series A round in Blumind, a developer of ultra-low-power analog AI chips for edge computing, with participation from Fusion Fund, Two Small Fish Ventures and Real Ventures. "Blumind’s patented approach using analog AI will not only revolutionize edge computing but also help solve the growing energy demand imposed by the adoption of AI. We are enthusiastic to support the team, as we believe their highly differentiated technology will play a critical role in the future of AI," Andrée-Lise Méthot, Cycle Capital Founder and Managing Partner.