Blaize raises $71m Series D

Blaize raises $71m Series D

Franklin Templeton, a new investor, and Temasek, an existing investor, led the round, along with participation from DENSO and other new and existing investors.

“With substantial power advantages making EVs more efficient and economical,Blaize SoCs offer best in class performance with lowerpower across in-cabin, out of vehicle, and autonomousoperations, enabling a streamlined architectural evolution to centralize compute,” says DENSO’s Tony Cannestra.

The funding will support acceleration of the product roadmap to meet growing demand for higher performance, lower power, lower cost AI hardware and transformational AI software solutions in automotive, smart retail, smart city and industrial markets.

In 2020,Blaize released and built a multi-year pipeline for the first generation Blaize AI edgecomputing hardware products based on the Blaize GSP architecture, and theBlaize AI Studio end-to-end application lifecycle software platform.

 

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