Quadric Extends Series C to $46 Million with Investment Led by IFC
Quadric, Inc. has completed a second close of its Series C funding round, bringing the total to $46 million, announced in a press release. The new investment was led by International Finance Corporation (IFC), raising Quadric’s total funding to $90 million.
Quadric develops programmable AI chips designed to run any model directly on devices, supporting localized and secure AI computation. The company plans to use the new funds to expand its support and sales teams, focusing on customers in automotive, AI‑enabled PCs, enterprise systems, humanoid robotics, wearables, and networking.
Existing investors Pear VC, Uncork Capital, and BEENEXT increased their participation in this round. Offline Ventures, co‑founded by Dave Morin and James Higa, joined as a new investor. IFC’s Chief Investment Officer Mohamed Eissa said the organization views Quadric’s programmable architecture as a way for small and medium enterprises in emerging markets to access advanced AI capability without reliance on cloud infrastructure.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Funding Brief, Robotics Brief or Daily AI Brief.
Also, consider following us on social media:
More from Funding
Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 KP Labs raises €4.42 million for AI data processing in orbit Oct 15 Origin Raises $20 Million for Autonomous Construction Robots Oct 15 Symbe Raises $5.7 Million for AI Sales PlatformMore from Robotics
Oct 16 Rareview and Tuttle Launch Humanoid Robotics ETF HOID Oct 16 Element to Manage Waymo's Toronto Fleet for 2028 Launch Oct 16 RoboParty launches open source RP1 humanoid robot Oct 16 Jodell Robotics Unveils Dexterous Hand and Tactile Sensors Oct 16 Saab Completes Sea Trials of Large Uncrewed Underwater VehicleRobotics Brief
Weekly coverage of AI-driven robotics advances in industrial automation, autonomous vehicles, and robotic systems.
Whitepaper
Tensordyne Napier: What If One Rack Could Do the Work of Nine?
Tensordyne
This Tensordyne whitepaper presents Napier, an inference-focused AI processor and rack-scale system based on the company’s TDN Math logarithmic number system. It examines infrastructure requirements for large mixture-of-experts and agentic models, compares major inference architecture approaches, and details the TDN AIP processor, TDN72 pod, TDN Link fabric, and Napier Ultra configuration. The paper reports simulation-based performance, cost, and accuracy-validation results, including Tensordyne’s projected comparison of one Napier rack with a nine-rack Nvidia Rubin plus Groq deployment; the chip is reported as taped out and in fabrication.
Read moreYou may also like
Ubitium raises $14 million for universal physical AI processor
Axya Raises C$17 Million for AI Procurement Platform
AIxC Signs $200 Million Term Sheet for Faraday Future Robotics Business
PaleBlueDot AI Raises $200 Million at $3.2 Billion Valuation
Rising rates strain AI data center fundraising
Daily AI Brief: the AI news that matters, in your inbox.