The Series A extension was led by investors Innavest and InvestNL, who join existing investors including EIC Fund, MIG Capital, Matterwave Ventures and Delft Enterprises.
“Innatera’s latest offering is radical in terms of its 
architecture and its efficiency,” says CEO Sumeet Kumar, “this Series A funding will accelerate our journey towards mass production”
Innatera’s flagship product, the Spiking Neural Processor T1, unveiled in January 2024, incorporates Innatera’s proprietary event-driven computing engine alongside a conventional CNN accelerator and RISC-V CPU.
