Software-centric physical-AI inference Modalix machine-learning system-on-chip devices and the Palette software platform for low-power physical-AI inference from edge systems to data centers.
The compact list stays fast; the selected profile keeps capital, founders, technology, news, and public evidence state together. 40 profiles use primary financing evidence.
San Jose, California · Founded 2018 · Active · private
Strategic investment
Software-centric physical-AI inference
Latest financing
UndisclosedStrategic investment · Apr 8, 2026
Financing valuation
UndisclosedNo public value is substituted
Latest indexed source
Jun 16, 2026Indexed source in last 90 days
Named investor relationships
1Named by the announcement
Evidence trail
3 linked sourcesPrimary financing source
Founders
Krishna Rangasayee
Core technology
Modalix machine-learning system-on-chip devices and the Palette software platform for low-power physical-AI inference from edge systems to data centers.
RoboticsIndustrial AIEdge inference
Capital timeline
Only independently sourced events are shown; debt, grants, and incentives stay separate from equity.
Strategic investment · UndisclosedStrategic investment · structure undisclosed · Amount was not disclosed and is excluded from numeric comparisons.
Last amount-disclosed round · $85MPrior disclosed round · Prior disclosed event; not substituted for the latest financing. company announcement · validated Aug 1, 2025
Cumulative disclosed
$355M · as of Aug 1, 2025Company-stated cumulative funding before the later undisclosed Micron strategic investment.
Micron's latest strategic investment was undisclosed. The prior $85M round and $355M cumulative total remain dated historical disclosures and are not substituted for the latest amount.
The amount and transaction structure were undisclosed; prior-round investors are not attached to this event.
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Latest indexed source
Newest company, filing, or reported source currently attached to this profile. Its age does not by itself prove current operating status.
Company count in this curated private-company universe
9 sectors
VLSI Market curated company universe · 4 Aug 2026Company count · status remains explicitView chart data
Covered startup count by semiconductor technology sector
Sector
Companies
AI accelerators
14
Photonics & interconnect
9
Compute & IP
6
Equipment & metrology
3
Packaging & integration
3
Display & microLED
2
Flexible & printed electronics
1
Power semiconductors
1
Sensors & MEMS
1
Stage mix: Late stage 14 · Expansion 11 · Early stage 5 · Strategic / growth 5 · Stage not stated 4 · Pre-IPO 1. Coverage count is not market share, investment share, or a complete census of private companies.
