Wednesday · September 30, 2026  ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

EdgeCortix Secures $21M in Government Funding to Advance Next-Gen Edge AI Chiplet

EdgeCortix, a fabless semiconductor company based in Tokyo, has been awarded ¥3 billion (approximately $21 million) by Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of NovaEdge, its next-generation energy-efficient AI chiplet for edge computing.

NovaEdge is designed for high-performance generative AI inference and real-time on-device learning, aiming to deliver superior power efficiency and adaptability in edge environments. The chiplet is built on EdgeCortix’s Dynamic Neural Accelerator (DNA) architecture, combining programmable AI processing with RISC-V general-purpose cores in a scalable, low-power form factor.

CEO Sakyasingha Dasgupta said, “NovaEdge represents a major leap forward, enabling robust, adaptable, and real-time generative AI capabilities directly at the edge.” He emphasized that this milestone reinforces the company’s mission to lead Japan’s fabless semiconductor innovation across critical sectors like robotics, space, smart manufacturing, and defense.

NovaEdge will be fabricated using TSMC technology and is slated for production at the JASM facility in Kumamoto. With this grant, EdgeCortix has now received ¥7 billion (approx. $49 million) in public R&D support from NEDO, following a previous award for AI chiplets for post-5G systems in November 2024.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Trending today

Business & Markets · Startups

Feather Raises $7.6M in Pre-Seed Funding to Build Humanoid Platform for Third-Party Developers

Technology & Infrastructure · Data centres & compute

Crusoe Ends $1.25B Turbine Deal With Boom Supersonic for AI Data Centers

A close-up of Benjamin Franklin on a United States one hundred dollar bill
Business & Markets

Instinct Announces $1B in Series C Funding from Sequoia, Benchmark and Coatue at $10B Valuation

Business & Markets · Startups

SiMa.ai Raises $150M in Series C Funding at $1.45B Valuation to Expand Physical AI Platform

Business & Markets · Startups

Island Announces $400M Series F, Bringing Valuation to $6.4B

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

National Strategies

South Korea’s AI G3 Strategy: Decoded

Startups

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Data centres & compute

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Enterprise

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Startups

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Latest from the same section
Business & Markets · Startups

SiMa.ai Raises $150M in Series C Funding at $1.45B Valuation to Expand Physical AI Platform

1 day ago
Business & Markets · Startups

Axya Secures $17M CAD in Funding to Help Manufacturers Modernize Procurement with AI

1 day ago
Business & Markets · Startups

Island Announces $400M Series F, Bringing Valuation to $6.4B

1 day ago
Business & Markets · Startups

SoftBank Invests $225M in Utah’s Autonomous Solutions, Forms Construction Robotics Joint Venture

3 days ago

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.