GreenWaves Technologies announces a €20M financing!

🔊FUNDRAISING ALERT 🔊



We are very happy to announce that GreenWaves Technologies just announced a 20-million euro financing led by INNOVACOM together with Thales, Definvest (mandated by the French Ministry of Defense  and managed by Bpifrance) and the French Tech Seed Fund, with the backing of historical shareholders SOITEC and Zepp Health and other financings.



The Grenoble-based company is a pioneer in in #RISC-V application processors for battery powered devices and a performance leader in #AI and #DSP. This new financing will power the production of its GAP9 processor and the development of the development of GreenWaves’ next generation processor, extend the battery life and programmability of the next generation of earbuds and enable new #automotive applications: https://lnkd.in/dB9HGWM4



Another day, another successful round of financing for EIC ScalingUp companies!🚀

 

#deeptech #processors #europe #VC #investment #funding #scaleup