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§ Private Profile · Tel Aviv, Tel Aviv, Israel
Software company accelerating deep learning model deployment for edge devices and real-time AI applications, improving inference performance.
DeepCube is a Tel Aviv, Israel-based software company that develops hardware-agnostic platforms to accelerate deep learning model deployment across edge computing devices and real-time artificial intelligence applications. The enterprise utilizes patented algorithms to improve data analysis, training speed, and inference performance, effectively accelerating neural networks by approximately 10x while significantly reducing overall memory requirements. Prior to its strategic acquisition, the organization raised $7 million in Series funding to support its commercial deployment for various Tier-1 hardware players. In April 2021, the firm was acquired for approximately $40 million in cash and $30 million in stock to operate as a specialized division of Nasdaq-listed Nano Dimension. The integration incorporates the startup's technology into additively manufactured electronics platforms under the leadership of Michael Zimmerman and Eri Rubin. DeepCube was founded in 2020 by Dr. Eli David and Yaron Eitan.
DeepCube has raised $7.0M across 1 funding round.
DeepCube has raised $7.0M in total across 1 funding round.
DeepCube has raised $7.0M in total across 1 funding round.
DeepCube's investors include Yaron Ashkenazi, Eli Groner, Nima Capital.
DeepCube has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Series A in September 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 22, 2020 | $7M Series A | Yaron Ashkenazi | ELI Groner, Nima Capital | Announced |