menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

French Dee...
source image

Eu-Startups

1d

read

395

img
dot

French DeepTech company Arago raises €22.1 million to slash AI energy consumption with photonic chip

  • Arago, a Paris-based DeepTech startup, has raised €22.1 million in Seed funding to accelerate the commercialisation of its photonic processor, codenamed “JEF”.
  • The funding round was co-led by Earlybird, Protagonist, and Visionaries Tomorrow, with participation from other investors and notable angel investors from tech backgrounds.
  • Arago's technology aims to deliver 10× lower energy consumption than leading GPUs while being compatible with industry-standard software frameworks and hardware components.
  • The company plans to use the funding to accelerate product development, expand its team, and deepen business partnerships to scale its growth.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app