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Fierce Electronics - Quadric, a company that jumped into the AI edge processing fray last year with a high-performance chip that it said didn’t require high-power CPU clusters, has raised $21 million to help fund its... | The company is planning to have a second-generation processor ready by the end of this year.

EE Times - Quadric, the startup building accelerator chips for computer vision and AI acceleration, has raised $21 million in a Series B funding round. The round was once again led by NSITEXE, a group company of Japanese automotive Tier 1 supplier Denso, with additional investment form MegaChips alongside existing investors. The company has raised a total of $39 million to date.