How Much Did Edge Impulse Raise?
Funding & Key Investors

Edge Impulse, a company focused on enabling developers to create intelligent devices using embedded machine learning, has secured significant capital, with its total funding reaching $49M. The company recently announced a major strategic investment of $34M, underscoring its pivotal role in the burgeoning edge AI sector. This latest financing round highlights the growing investor confidence in Edge Impulse's mission to unlock the potential of discarded sensor data.

What is Edge Impulse?

Edge Impulse
SoftwareEngineering Software

Founded in 2019 and headquartered in San Jose, California, Edge Impulse is at the forefront of embedded machine learning for industrial, enterprise, and human-centric applications. The company's platform is designed to process the vast amounts of sensor data that are typically discarded due to cost, bandwidth, or power constraints, thereby enabling valuable insights and functionalities at the edge. Edge Impulse's commitment extends to supporting applications for social good, reflecting a belief in the transformative power of machine learning.

How much funding has Edge Impulse raised?

Edge Impulse has raised a total of $49M across 2 funding rounds:

2021

Series A

$15M

Series B

$34M

Series A (2021): $15M with participation from Fika Ventures, Acrew Capital Management, Canaan, Momenta Ventures, and Knollwood Investment Trust

Series B (2021): $34M led by Canaan Partners, Momenta Ventures, Knollwood Investment Advisory, Coatue, Fika Ventures, and Acrew Capital Management

Key Investors in Edge Impulse

Canaan Partners

Canaan Partners is a venture capital firm that invests in early-stage technology and healthcare companies. They are known for their deep industry expertise and commitment to supporting founders through the growth lifecycle.

Momenta Ventures

Momenta Ventures is a leading venture capital firm focused on industrial innovation, particularly in sectors like energy, manufacturing, and supply chain. They specialize in accelerating growth for industrial technology companies.

Knollwood Investment Advisory

Knollwood Investment Advisory provides specialized investment guidance, focusing on tailored financial solutions to help clients achieve their investment objectives. They are dedicated to expert counsel in portfolio management.

What's next for Edge Impulse?

The substantial enterprise-level funding and recent strategic investment position Edge Impulse for accelerated growth and innovation. This capital infusion is expected to fuel further development of its machine learning tools for edge devices, expand its market reach, and enhance its capabilities in processing and analyzing sensor data. The company is poised to solidify its leadership in the embedded AI space, driving the adoption of intelligent devices across various industries and enabling new frontiers in data utilization.

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Frequently Asked Questions Regarding Edge Impulse Financial Insights

What are the most recent funding rounds that Edge Impulse has completed, and what were the funding rounds?
Edge Impulse has recently completed 2 funding rounds: Series B on Dec 9, 2021, Series A on May 18, 2021.
What is the total amount of funding Edge Impulse has raised to date?
Edge Impulse has raised a total of $49M in funding to date.
How many funding rounds has Edge Impulse completed?
Edge Impulse has completed 2 funding rounds.
How much funding did Edge Impulse raise in its most recent funding round?
Edge Impulse raised $34M in its most recent funding round.
Who are the lead investors in Edge Impulse's latest funding round?
The lead investor in Edge Impulse's latest funding round was Canaan Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Edge Impulse's history?
The largest funding round in Edge Impulse's history was $34M.
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