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Overview
Ethernovia has raised $90 million in a Series B funding round to enhance its Ethernet-based processors that facilitate data collection from sensors in systems like autonomous vehicles. The round was led by Maverick Silicon, an AI-focused fund, with previous backing from Porsche SE and Qualcomm Ventures. This investment reflects a growing interest in 'physical AI' technologies.
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Investors: Maverick Silicon, Porsche SE, Qualcomm Ventures
Ethernovia has raised $90 million in a Series B funding round to enhance its Ethernet-based processors that facilitate data collection from sensors in systems like autonomous vehicles. The round was led by Maverick Silicon, an AI-focused fund, with previous backing from Porsche SE and Qualcomm Ventures. This investment reflects a growing interest in 'physical AI' technologies.