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Dresden AI chipmaker Sparxity closes Series A, taking funding to $90M

Dresden-based Sparxity, formerly SpiNNcloud, has closed a Series A led by ICM HPQC Fund, bringing its total funding to $90m.

By TNW | Investors-funding

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·Excerpt
Dresden AI chipmaker Sparxity closes Series A, taking funding to $90M
Image: Sparxity founding team Credit: Sparxity

Sparxity, a Dresden company that builds computer chips and systems for AI, has closed its Series A funding round. The round brings the company’s total raised to $90M.

Yet Sparxity did not say how much of that came from the Series A.

ICM HPQC Fund, which invests in computing and quantum infrastructure, led the round. Lockheed Martin Ventures, chipmaker GlobalFoundries…

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