AI hardware startup Recogni raises $102M in Series C funding for its low-power AI compute product, Scorpio chip, for self-driving solutions, generative AI models, and intelligent autonomy platforms.

AI hardware startup Recogni raises $102M in Series C funding led by Celesta Capital and GreatPoint Ventures. The funds will be used to develop its low-power AI compute product, Scorpio chip, for self-driving solutions, generative AI models, and intelligent autonomy platforms. Founded in 2017, Recogni's hardware allows autonomous vehicles to understand their environment visually through sensor data, with higher computational power and lower energy usage.

February 20, 2024
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