21Apr
SynSense presents new robot and receives millions from China
by swisschambei in Business
The Zurich-based startup company SynSense has raised a double-digit million amount from two Chinese venture capital firms, Maxvision and RunWoo, in a strategic investment round. The exact amount of the investment was not disclosed, according to an article from startupticker.ch. The new capital will be used to further develop the DYNAP-CNN2 chip. The chip is designed to provide low-power-consumption support for complex visual applications such as autonomous flying and obstacle avoidance. SynSense specializes in neuromorphic computing, which involves computing processes that are carried out using neuromorphic chips. The chips learn based on the model of the human brain.