About Syntiant
Syntiant is a company based in Irvine (United States) founded in 2017.. Syntiant has raised $121.43 million across 7 funding rounds from investors including Applied Materials, Mirae Asset and Renesas Electronics. The company has 4 employees as of April 08, 2024. Syntiant offers products and services including Neural Decision Processors, MEMS Microphones, Vibration Sensors, and Machine Learning Models. Syntiant operates in a competitive market with competitors including Ampere Computing, MediaTek, Kneron, Alif Semiconductor and Axelera AI, among others.
- Headquarter Irvine, United States
- Employees 4 as on 08 Apr, 2024
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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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- Legal Name Syntiant India Business Services Private Limited
- Date of Incorporation 01 Jul, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$121.43 M (USD)
in 7 rounds
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Latest Funding Round
$56.37 M (USD), Series C
Sep 01, 2023
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Investors
Applied Materials
& 17 more
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Employee Count
4
as on Apr 08, 2024
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Products & Services of Syntiant
Syntiant offers a comprehensive portfolio of products and services, including Neural Decision Processors, MEMS Microphones, Vibration Sensors, and Machine Learning Models. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables efficient deep learning on power-constrained devices for edge AI.
Provides high-quality audio in noisy environments for communication devices.
Detects vibrations in harsh conditions for industrial and automotive use.
Offers hardware-agnostic algorithms for compute-constrained environments.
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Funding Insights of Syntiant
Syntiant has successfully raised a total of $121.43M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $56.37 million completed in September 2023. 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 7
- Last Round Series C — $56.4M
- First Round First Round
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Series C - Syntiant | Valuation | Millennium Technology Value Partners , Renesas Electronics |
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| Aug, 2020 | Amount | Series C - Syntiant | Valuation | M12 , Applied Materials | |
| Oct, 2018 | Amount | Series B - Syntiant | Valuation | M12 |
| 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 Syntiant
Syntiant has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Applied Materials, Mirae Asset and Renesas Electronics. 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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Secondary investments in technology are managed by the firm.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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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 Syntiant
| 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 - Syntiant
| 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 |
Syntiant Comparisons
Competitors of Syntiant
Syntiant 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 Ampere Computing, MediaTek, Kneron, Alif Semiconductor and Axelera AI, 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 |
Cloud-native processors are supplied for cloud computing and data centers.
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| domain | founded_year | HQ Location |
Provider of AI-based neural processing unit chipsets
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| domain | founded_year | HQ Location |
Hardware and software solutions for edge AI applications are provided.
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| domain | founded_year | HQ Location |
Processors and microcontrollers for AI-enabled embedded computing are supplied.
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| 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 |
Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Syntiant
Frequently Asked Questions about Syntiant
When was Syntiant founded?
Syntiant was founded in 2017.
Where is Syntiant located?
Syntiant is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Who is the current CEO of Syntiant?
Kurt Busch is the current CEO of Syntiant.
Is Syntiant a funded company?
Syntiant is a funded company, having raised a total of $121.43M across 7 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jul 01, 2017.
How many employees does Syntiant have?
As of Apr 08, 2024, the latest employee count at Syntiant is 4.
What does Syntiant do?
Founded in 2017 in Irvine, United States, Syntiant operates in the hardware machine learning sector. Neural decision processors are developed using analogue neural network technology integrated into flash memory. These processors handle neural network computations at ultra-low power, supporting real-time applications in devices such as smartphones, wearables, drones, sensors, and security cameras. Network communication is enabled with reduced energy consumption for high computational workloads.
Who are the top competitors of Syntiant?
Syntiant's top competitors include Ampere Computing, Kneron and Alif Semiconductor.
What products or services does Syntiant offer?
Syntiant offers Neural Decision Processors, MEMS Microphones, Vibration Sensors, and Machine Learning Models.
Who are Syntiant's investors?
Syntiant has 18 investors. Key investors include Applied Materials, Mirae Asset, Renesas Electronics, Crowdsmart, and Millennium Technology Value Partners.
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