EnCharge AI has filed a notice of an exempt offering of securities to raise $21,700,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, EnCharge AI is raising $21,700,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Naveen Verma played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About EnCharge AI
EnCharge AI is a leader in advanced AI hardware and software systems for edge computing. EnCharges robust and scalable next-generation in-memory computing technology provides orders-of-magnitude higher compute efficiency and density compared to todays best-in-class solutions. The high-performance architecture is coupled with seamless software integration and will enable the immense potential of AI to be accessible in power, energy, and space constrained applications. EnCharge AI launched in 2022 and is led by veteran technologists with backgrounds in semiconductor design and AI systems.
To learn more about EnCharge AI, visit http://www.enchargeai.com/
Contact:
Naveen Verma, Chief Executive Officer
202-742-5870
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