About Cartesiam
Cartesiam is a company based in Toulon (France) founded in 2016 was acquired by STMicroelectronics in May 2021.. Cartesiam has raised $2.27 million across 1 funding round from investors including STMicroelectronics, Bpifrance and Investisseur Prive. Cartesiam operates in a competitive market with competitors including Axelera AI, Hailo, Jiangxing, Syntiant and Sensory, among others.
- Headquarter Toulon, France
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.27 M (USD)
in 1 rounds
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Latest Funding Round
$2.27 M (USD), Seed
Dec 19, 2018
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Investors
STMicroelectronics
& 2 more
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Employee Count
Employee Count
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Acquired by
STMicroelectronics
(May 19, 2021)
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Funding Insights of Cartesiam
Cartesiam has successfully raised a total of $2.27M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.27 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.3M
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First Round
First Round
(19 Dec 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Seed - Cartesiam | Valuation | Bpifrance , Investisseur Prive |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cartesiam
Cartesiam has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include STMicroelectronics, Bpifrance and Investisseur Prive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate consultancy, advisory, and funding services are provided to businesses.
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Founded Year | Domain | Location | |
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Offers personalized investment advice and portfolio management for clients.
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Founded Year | Domain | Location | |
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Diverse semiconductor manufacturers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cartesiam
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cartesiam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cartesiam Comparisons
Competitors of Cartesiam
Cartesiam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axelera AI, Hailo, Jiangxing, Syntiant and Sensory, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of hardware and software-based platforms for accelerating AI inference at the edge
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| domain | founded_year | HQ Location |
Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Provider of edge computing hardware and software for applications in AI and IoT
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| domain | founded_year | HQ Location |
Provider of neural processing units for edge computing applications
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| domain | founded_year | HQ Location |
Embeddable speech and vision technologies are provided for consumer products.
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| domain | founded_year | HQ Location |
System-on-chips, SDKs, and reference platforms for edge AI are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cartesiam
Frequently Asked Questions about Cartesiam
When was Cartesiam founded?
Cartesiam was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Cartesiam located?
Cartesiam is headquartered in Toulon, France. It is registered at Toulon, Provence-alpes-cote D'azur, France.
Is Cartesiam a funded company?
Cartesiam is a funded company, having raised a total of $2.27M across 1 funding round to date. The company's 1st funding round was a Seed of $2.27M, raised on Dec 19, 2018.
What does Cartesiam do?
Cartesiam was founded in 2016 in Toulon, France, focusing on machine learning for edge computing in industrial sectors. NanoEdge AI algorithms are utilized to process and learn from data directly within microcontrollers, eliminating reliance on cloud infrastructure. Applications span power plant controls, water treatment, bottling, and railway systems. Clients served include EDF, Veolia, Airbus, Schneider Electric, and Thales.
Who are the top competitors of Cartesiam?
Cartesiam's top competitors include Netrasemi, Axelera AI and Hailo.
Who are Cartesiam's investors?
Cartesiam has 3 investors. Key investors include STMicroelectronics, Bpifrance, and Investisseur Prive.
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