- Flex Logix Technologies, Inc., a Mountain View, Calif.-based supplier of an AI edge inference accelerator and supplier of eFPGA IP, closed a $55m Series D funding round
- The round was led by Mithril Capital Management with participation from existing investors Lux Capital, Eclipse Ventures and the Tate Family Trust
- The company also intends to use the funds to continue to expand operations and its business reach
- Flex Logix is a reconfigurable computing company providing AI inference and eFPGA solutions based on software, systems and silicon
- Its InferX X1 is an AI edge inference accelerator that aims to bring AI to the masses in high-volume applications by providing higher inference throughput per dollar and per watt
- The company also has offices in Austin, Texas
