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§ Private Profile · Grenoble, Rhone-Alpes, France
GreenWaves Technologies is a technology company.
GreenWaves Technologies designs ultra-low-power RISC-V processors, specifically engineered for artificial intelligence and digital signal processing at the edge. These highly efficient chips interpret and transform complex data streams from sources like images, audio, and radar. Their technical approach emphasizes ease of programming, enabling sophisticated analytics directly on device for diverse low-power applications.
Established in 2014, GreenWaves Technologies was co-founded by Loic Lietar, who also serves as CEO. His foundational insight addressed the critical demand for energy-efficient processing solutions, essential for pervasive AI capabilities in battery-operated, deeply embedded devices. Lietar recognized the need to overcome inherent power and performance limitations for advanced edge computing.
The company’s processors empower applications across hearables, smart sensors, and diverse Internet of Things deployments, including smart home. GreenWaves Technologies’ vision centers on a future where intelligent processing is ubiquitous, allowing devices to autonomously understand and react. They aim to enable smart electronics with minimal energy consumption.
GreenWaves Technologies has raised $33.8M across 3 funding rounds.
GreenWaves Technologies has raised $33.8M in total across 3 funding rounds.
GreenWaves Technologies has raised $33.8M in total across 3 funding rounds.
GreenWaves Technologies's investors include Innovacom, Wayne Huang, Paul Boudre.
GreenWaves Technologies has raised $33.8M across 3 funding rounds. Most recently, it raised $22.0M Series B in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2023 | $22M Series B | — | Innovacom | Announced |
| Feb 20, 2019 | $7.9M Series A | Wayne Huang | Paul Boudre | Announced |
| Feb 26, 2018 | $3.8M Venture Round | — | — | Announced |
GreenWaves Technologies is a fabless semiconductor company specializing in the design of ultra-low-power artificial intelligence (AI) and digital signal processing (DSP) processors, primarily targeting the wearables and Internet of Things (IoT) device markets. Their flagship products are RISC-V based processors that enable embedded machine learning and signal processing for interpreting complex data such as images, sounds, and vibrations. These processors serve applications in smart homes, smart buildings, hearing aids, and other sensor-driven devices, addressing the need for high computational capability with minimal power consumption[1][2][4].
The company’s technology solves the challenge of delivering advanced AI functionalities on edge devices that operate under strict power constraints, enabling smarter, more efficient connected objects. GreenWaves has gained strong market positioning, particularly in hearing headsets and hearing aids, reflecting solid growth momentum in these specialized sectors[2].
Founded in 2014 in Grenoble, France, GreenWaves Technologies emerged from a vision to revolutionize the sensor and smart device market by providing ultra-low-power application processors. The founding team leveraged expertise in semiconductor design and embedded AI to create processors that combine sophisticated neural network algorithms with efficient signal processing. Early traction came from targeting markets requiring low power consumption without sacrificing computational performance, such as hearing aids and wearable devices[1][2][6].
GreenWaves rides the growing trend of edge AI and ultra-low-power computing, which is critical as billions of connected devices require intelligent processing without relying on cloud connectivity. The timing is favorable due to increasing demand for smart wearables, IoT devices, and sensor-driven applications that must balance performance with energy efficiency. Advances in semiconductor manufacturing (e.g., 3nm and 5nm nodes) further enhance their ability to deliver custom system-on-chips (SoCs) optimized for these use cases[1].
By enabling sophisticated AI at the edge, GreenWaves contributes to the broader ecosystem by empowering device makers to create smarter, more autonomous products that enhance user experience and reduce latency and privacy concerns associated with cloud processing.
Looking ahead, GreenWaves Technologies is poised to expand its influence in the hearables and smart sensor markets by continuing to innovate in ultra-low-power AI processors. Trends such as increased adoption of AI-enabled wearables, smart home devices, and industrial IoT will shape their growth trajectory. The company’s next-generation platforms, like the GAP9 hearables platform, promise enhanced features such as scene-aware active noise cancellation, further solidifying their market position[7].
As edge AI becomes ubiquitous, GreenWaves’ role as a provider of efficient, embedded AI solutions will likely grow, potentially expanding into new sensor-driven domains and driving the evolution of intelligent, energy-conscious connected devices. This aligns with their founding mission to revolutionize sensor markets through innovative, low-power computing solutions[1][2].