Efficient Computer secures $16M seed funding from Eclipse to develop energy-efficient chip designs.

Chip startup Efficient Computer raises $16M in seed funding from Eclipse to develop low-power chip designs. Pittsburgh-based Efficient Computer's new chip architecture, Fabric, focuses on energy-efficient processors developed over 7 years at Carnegie Mellon Uni. The company plans to use the funding for research, development, and market entry, targeting industries like health devices and civil infrastructure monitoring.

March 07, 2024
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