About GrAI Matter Labs
GrAI Matter Labs is a company based in Paris (France) founded in 2016 by Atul Sinha and Ryad Benosman was acquired by Snap in October 2023.. GrAI Matter Labs has raised $29 million across 2 funding rounds from investors including Snap, Bpifrance and iBionext. GrAI Matter Labs operates in a competitive market with competitors including Kneron, MediaTek, Hailo, Innatera and Lightelligence, among others.
- Headquarter Paris, France
- Founders Atul Sinha, Ryad Benosman
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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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Funding Insights of GrAI Matter Labs
GrAI Matter Labs has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in November 2020. 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 2
- Last Round Series A — $14.0M
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First Round
First Round
(01 Apr 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - GrAI Matter Labs | Valuation | iBionext | |
| Apr, 2018 | Amount | Series A - GrAI Matter Labs | Valuation | iBionext , 360 Capital Partners |
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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 |
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Investors in GrAI Matter Labs
GrAI Matter Labs has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Snap, Bpifrance and iBionext. 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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iBionext is focused on creating and funding health tech start-ups.
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Founded Year | Domain | Location | |
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Venture capital firm investing in digital tech startups
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Investment services are provided by 3T Finance to SMEs.
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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 GrAI Matter Labs
| 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 - GrAI Matter Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Grai Matter Labs Comparisons
Competitors of GrAI Matter Labs
GrAI Matter Labs 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 Kneron, MediaTek, Hailo, Innatera and Lightelligence, 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 |
Hardware and software solutions for edge AI applications are provided.
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Provider of AI-based neural processing unit chipsets
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Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera.
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| domain | founded_year | HQ Location |
Optical chips and software solutions for AI computing are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Grai Matter Labs
Frequently Asked Questions about GrAI Matter Labs
When was GrAI Matter Labs founded?
GrAI Matter Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is GrAI Matter Labs located?
GrAI Matter Labs is headquartered in Paris, France.
Who is the current CEO of GrAI Matter Labs?
Ingolf Held is the current CEO of GrAI Matter Labs.
Is GrAI Matter Labs a funded company?
GrAI Matter Labs is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Apr 01, 2018.
What does GrAI Matter Labs do?
GrAI Matter Labs was founded in 2016 in Paris, France, and operates in the neuromorphic computing sector. Programmable processors are developed to support multi-modal sensor analytics and machine learning with low power consumption. Applications are targeted at areas such as Internet of Things devices, autonomous navigation systems, smart homes, health monitoring, and wearable technology. Leadership includes co-founders Atul Sinha and Ryad Benosman, with Ingolf Held as CEO.
Who are the top competitors of GrAI Matter Labs?
Who are GrAI Matter Labs's investors?
GrAI Matter Labs has 5 investors. Key investors include Snap, Bpifrance, iBionext, 360 Capital Partners, and 3T Finance.