According to filings with the U.S. Securities and Exchange Commission, Femtosense is raising up to $14,500,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About Femtosense
The Sparse Processing Unit: A Hyper-Efficient Sparse Neural Network Processor for the Real-time Edge. Sparsity enabling technology allows our hardware and software to achieve 10x reductions in neural network size and activity, leading to 100x lower power and 10x fewer memory resources than dense approaches, without compromising accuracy. We design our own sparse algorithms for use cases that add real value to products, and we give you the tools to do it yourself. Our chips are small, economical, and extremely efficient. Its AI that makes sense.

To learn more about Femtosense, visit http://www.femtosense.ai/
Femtosense Linkedin Page: https://www.linkedin.com/company/femtosense/

Contact:
Sam Fok, President and Chief Executive Officer
408-427-5429
https://www.linkedin.com/in/sam-fok-34288218/

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