Untether AI is a technology company.
Untether AI has raised $150.0M across 3 funding rounds.
Untether AI has raised $150.0M in total across 3 funding rounds.
Untether AI has raised $150.0M in total across 3 funding rounds.
Untether AI's investors include Intel Capital, David Lau-Kee.
Untether AI is a Toronto-based semiconductor company founded in 2018 that builds energy-efficient AI inference accelerators using a proprietary at-memory computing architecture.[1][2][6] The company develops hardware like the speedAI devices, tsunAImi accelerator cards, and the imAgine Software Development Kit, enabling enterprises to run any neural network model faster, cooler, and more cost-effectively from the network edge to the cloud.[2][4][6] It serves AI-driven industries by solving the data movement bottleneck in traditional CPUs and GPUs, which consumes up to 90% of energy, allowing workloads to operate untethered from data centers with high performance, low latency, and superior efficiency.[1][4][5] Growth momentum includes recent partnerships like Vertical Data for modular edge data centers, expanded AI model support via generative compiler technology, and product unveilings such as AI-powered intelligent video solutions.[4][6]
Untether AI emerged from Toronto's AI innovation hub, founded in 2018 by a team blending Silicon Valley IC design expertise, artificial intelligence knowledge, and entrepreneurship.[1][2][6] The core idea stemmed from addressing AI compute scaling limitations, particularly the energy-intensive data movement in conventional architectures, leading to the invention of at-memory computing that places processing directly adjacent to memory cells.[1][5][6] Early traction built on this breakthrough, with the company shipping commercial AI accelerator chips and boards, proving the technology in silicon, and now rolling out second-generation products to market.[4][6][7]
Untether AI rides the edge AI trend, where exploding data volumes demand inference acceleration beyond data centers to enable real-time applications in video, IoT, and autonomous systems.[1][4][6] Timing aligns with surging needs for energy-efficient computing amid power constraints and sustainability pressures in AI deployment.[5] Market forces like rising AI model complexity and edge proliferation favor its architecture, which cuts energy costs dramatically while maintaining accuracy.[2][4] The company influences the ecosystem by partnering with infrastructure providers and enabling portable, co-located data centers, accelerating AI adoption in resource-limited environments.[4][7]
Untether AI's second-generation products and compiler advancements position it to capture growing edge inference demand, with partnerships expanding into modular data centers and intelligent video.[4][6] Trends like generative AI proliferation and energy-aware computing will amplify its at-memory edge, potentially scaling influence through broader OEM integrations and cloud-to-edge dominance.[6][7] As AI decentralizes, Untether AI could redefine efficient inference, untethering enterprises from data center constraints and fueling widespread, cost-effective AI deployment.[1][2]
Untether AI has raised $150.0M across 3 funding rounds. Most recently, it raised $130.0M Series B in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $130.0M Series B | Intel Capital, David Lau-Kee | |
| Nov 1, 2019 | $7.0M Series A | Intel Capital, David Lau-Kee | |
| Apr 1, 2019 | $13.0M Series A | Intel Capital, David Lau-Kee |