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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People of GrAI Matter Labs
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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.
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.
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iBionext is focused on creating and funding health tech start-ups.
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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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Investor details for GrAI Matter Labs
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Investments & Acquisitions by GrAI Matter Labs
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Financial Statements - GrAI Matter Labs
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Grai Matter Labs Comparisons
Peer comparison for GrAI Matter Labs
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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.
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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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Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera.
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Optical chips and software solutions for AI computing are developed.
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Detailed competitors of GrAI Matter Labs
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Latest news on Grai Matter Labs
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Frequently Asked Questions about GrAI Matter Labs
GrAI Matter Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
GrAI Matter Labs is headquartered in Paris, France.
Ingolf Held is the current CEO of GrAI Matter Labs.
GrAI Matter Labs is a funded company, having raised a total of $29M across 2 funding rounds to date.
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.
GrAI Matter Labs has 5 investors. Key investors include Snap, Bpifrance, iBionext, 360 Capital Partners, and 3T Finance.