What is Quadric?
Quadric is at the forefront of developing specialized AI processor intellectual property (IP) and inference engines designed for efficient on-device artificial intelligence applications. The company's platform is engineered to enable the seamless execution of large language models and complex AI workloads across a spectrum of devices, including edge computing systems, automotive platforms, and enterprise products. By providing hardware designers with advanced tools, Quadric facilitates the integration of sophisticated AI capabilities into custom chips, promising enhanced processing speeds and superior energy efficiency for next-generation intelligent systems.
How much funding has Quadric raised?
Quadric has raised a total of $48.3M across 3 funding rounds:
Angel/Seed
$2.3M
Series A
$15M
Series B
$31M
Angel/Seed (2017): $2.3M with participation from SV Angel, Uncork Capital, Cota Capital, Pear VC, and Trucks Venture Capital
Series A (2019): $15M, investors not publicly disclosed
Series B (2022): $31M supported by Pear VC, Mesh Ventures, Uncork Capital, Cota Capital, Xerox Ventures, MegaChips, Leawood VC, and NSITEXE
Key Investors in Quadric
Pear VC
Pear VC is an early-stage venture capital firm specializing in pre-seed and seed investments, known for its comprehensive support services including talent recruitment and go-to-market strategies.
Mesh Ventures
MESH Ventures is an electronics-focused venture capital firm that invests in growth to late-stage companies within the electronics industry, leveraging corporate partnerships for significant capital deployment.
Uncork Capital
Uncork Capital is a seed-stage venture firm committed to providing early and ongoing support to startups, focusing on assisting companies through the critical early growth phases.
What's next for Quadric?
With the recent influx of major strategic investment, Quadric is poised to further solidify its market position and expand its technological capabilities. The company is likely to focus on scaling its operations, enhancing its AI processor IP, and broadening the adoption of its inference engines across key industries such as automotive and enterprise solutions. This strategic financing will empower Quadric to accelerate research and development, strengthen its engineering talent, and forge new partnerships to drive innovation in the rapidly evolving field of edge AI and on-device machine learning.
See full Quadric company page
