Wednesday · October 21, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

EdgeCortix Completes Initial Close of Series B Financing, Driving Total Funding to Nearly $100M 

Insider Brief

  • EdgeCortix closed the initial phase of its Series B round, bringing total funding (including equity and government awards) to nearly $100M, backed by new investors like Yanmar Ventures, Pacific Bays Capital, NTT Finance, SiC Power, and Aero X Ventures, alongside existing supporters.
  • The funding will accelerate mass production of its SAKURA-II AI co-processors and development of the next-gen SAKURA-X chiplet platform, capable of up to 2,000 TOPS per device for energy-efficient generative AI workloads.
  • With design wins across robotics, industrial automation, defense, aerospace, and space exploration, and a recent U.S. Defense Innovation Unit award, EdgeCortix is positioned as a leader in dual-use, high-performance AI processors for edge applications.

PRESS RELEASE — EdgeCortix® Inc., a leading fabless semiconductor company specializing in energy-efficient artificial intelligence (AI) processing at the edge, has announced the initial close of its Series B funding round. This milestone raises EdgeCortix’s cumulative funding, including equity investments and substantial non-dilutive government awards since December 2024, to nearly $100 million USD, marking significant momentum in the company’s rapid growth and global market expansion.

This Series B round attracted substantial interest from prominent global investors, highlighting continued confidence in EdgeCortix’s innovative AI technologies, strategic leadership, and robust customer traction. Investors participating in the initial close include Yanmar Ventures, Pacific Bays Capital, NTT Finance Corporation, SiC Power, and Aero X Ventures, along with continued support from existing investors including SBI Investments and Global Hands-On VC (GHOVC).

“The strong support from both new and existing investors is a clear endorsement of our market position and proven success across sectors such as robotics, industrial automation, defense, aerospace, and space exploration,” said Dr. Sakyasingha Dasgupta, Founder and CEO of EdgeCortix. “This funding empowers us to accelerate the mass-production deployment of our highly successful SAKURA-II AI co-processors, which have secured design-wins across multiple industries. Additionally, it fuels the rapid production of our next-generation SAKURA-X chiplet platform, offering an unprecedented performance of up to 2,000 TOPS per device, with low-power, enabling advanced generative AI workloads in scalable high-performance physical AI systems.”

Investor Perspectives:

“We are truly honored to have the opportunity to participate in the investment in EdgeCortix. We believe that the innovative technologies developed by EdgeCortix are closely aligned with Yanmar Ventures’ mission to support game-changing solutions that help shape a better future. Through this investment, we look forward to exploring potential collaborations and working together to create value that can be returned to society,” commented Sota Tsutsuki, Senior Capitalist, Yanmar Ventures Co., Ltd.

“We see tremendous potential in EdgeCortix’s unique technology, forward-looking market strategy, and proven execution. These strengths position the company to drive meaningful growth in industrial automation, telecommunications, aerospace, and beyond,” added Seiichi Hashimoto, Senior Vice President, Executive Manager, Group Treasury Department, NTT Finance Corporation.

“EdgeCortix is uniquely positioned through the dual-use nature of its technology, underscored by its recent high-profile project award from the U.S. Defense Innovation Unit,” said Maxwell Imai Weiss, Partner, Pacific Bays Capital.

“We see strong potential for significant impact and accelerated growth opportunities across defense, aerospace, and space applications, as well as broader commercial markets,” added Dr. Jason Nye, Partner, Pacific Bays Capital.

“EdgeCortix is exactly what we look for at Aero X Ventures — proven dual-use technology with real traction. They’ve built energy-efficient AI processors that work across defense, aerospace, and commercial markets, and they’re actually winning customers and government contracts. Their recent Defense Innovation Unit award speaks volumes about the strategic value of what they’re building,” Management Team, Aero X Ventures.

“Since our initial investment in 2023, EdgeCortix has achieved extraordinary progress. Under the visionary leadership of CEO Dr. Sakyasingha Dasgupta, the team has consistently demonstrated remarkable execution capabilities. This new round of funding will further accelerate their exponential growth — continuous acquisition of new customers, the next generation products development, and keep attracting top-tier talent,” said Ken Yasunaga, Managing Partner, Global Hands-On VC.

The Series B funding round remains open, with additional closings anticipated throughout 2025 as global investor interest continues.

About EdgeCortix Inc.

EdgeCortix is driving innovation in semiconductor solutions for the connected intelligent edge. Established in 2019 and headquartered in Tokyo, Japan, with additional offices in the United States and India, EdgeCortix develops silicon-based, energy-efficient AI processors purpose-built for Generative AI workloads at the edge. The company’s patented hardware-software co-design methodology enables highly efficient runtime-reconfigurable AI accelerators, delivering industry-leading performance-per-watt for edge inference across defense, aerospace, smart cities, Industry 4.0, robotics and telecommunications applications.

For more information, please visit https://www.edgecortix.com/en/

Contacts

For media inquiries, please contact:
Jeffrey Grosman, EVP Marketing & US Operations
[email protected]

SOURCE

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

YGO Announces €8M Series A to Build AI Infrastructure Layer for Travel Industry

Technology & Infrastructure · Models & LLMs

Mitsubishi Electric Develops Physical AI System Linking Humanoid Robots With CNC Machines

Technology & Infrastructure · Models & LLMs

Hugging Face Leaders Question AI Evaluation Standards and Netflix’s Portrayal of Rogue Agents

Business & Markets · Enterprise

Disney Agrees to Hire Majority of Character.AI Workforce Following Chatbot Startup’s Bankruptcy

Business & Markets

Atombeam Announces $18.3M in Funding, Bringing Total Capital Raised to Over $55M 

The AI economy, every weekday morning

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

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

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
Exclusive

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

AI Predictions
Exclusive

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

Scale-ups to Watch

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

Italy’s Generative Bionics Plans Physical AI Data Factory Network for Industrial Humanoids

6 hours ago
Business & Markets · Startups

XRlabs Raises $8.4M in Seed Round Funding to Expand AI Surgical Intelligence Platform

7 hours ago
Business & Markets · Startups

Eka Robotics Raises $150M Series A to Scale Vision-Force-Action Model for Dexterous Robots

Yesterday
Technology & Infrastructure · Data centres & compute

xMEMS Begins Mass Production of Solid-State Cooling Chips for Edge AI and Data Centers

Yesterday

The AI economy, every weekday morning

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