📮 Excited to announce our participation in EnCharge AI's oversubscribed Series B round — led by Tiger Global Management and joined by VC arms of industry giants Raytheon, Constellation, TSMC, Foxconn, and Samsung Electronics. This marks ZIP's very first investment in digital infrastructure, and it certainly will not be the last. 🌟 Congrats & looking forward to joining Naveen Verma, Kailash Gopalakrishnan, Echere Iroaga and rest of EnCharge team in their journey towards bringing greater compute and energy efficiency to edge AI infrastructure. 🦾 Shoutout to Jimmy Kan, Henk Both, Rohit Iragavarapu, Cody H., and Rashad McCloud
EnCharge AI has raised $100M in Series B funding to bring our new AI chips to market! Led by Tiger Global Management, this investment will power the launch of our first client computing-focused products in 2025, featuring our analog in-memory-computing technology that delivers up to 20x better energy efficiency compared to leading AI chips. We're honored to welcome our new investors: Maverick Silicon, Capital TEN, SIP Capital, Zero Infinity Partners, CTBC VC, Vanderbilt University, Morgan Creek Capital Management, LLC, Samsung Ventures, HH-CTBC, IQT (In-Q-Tel), and Constellation Technology Ventures. And we’re grateful for continued support from our existing partners: RTX Ventures, Anzu Partners, Scout Ventures, AlleyCorp, ACVC, S5V, and Venturetech Alliance LLC. Together, we’re working to make AI compute more sustainable, efficient, and accessible across edge-to-cloud deployments. Read more about our vision for transforming AI acceleration:
Chief Executive Officer at Sustainability Partners
1moGreat work, John. Congrats !