About Untether AI
Untether AI is a company based in Toronto (Canada) founded in 2018 by Raymond Chik, Martin Snelgrove, and Darrick Wiebe was acquired by AMD in June 2025. Untether AI has raised $152 million across 4 funding rounds from investors including AMD, CPP Investments and Radical Ventures. The company has 90 employees as of December 31, 2024. Untether AI offers products and services including tsunAImi® accelerator card, imAIgine® SDK, speedAI®240, and runAI®200. Untether AI operates in a competitive market with competitors including Flex Logix, Preferred Infrastructure, Cerebras, Axelera AI and Celestial AI, among others.
- Headquarter Toronto, Canada
- Employees 90 as on 31 Dec, 2024
- Founders Raymond Chik, Martin Snelgrove, Darrick Wiebe
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Products & Services of Untether AI
Untether AI offers a comprehensive portfolio of products and services, including tsunAImi® accelerator card, imAIgine® SDK, speedAI®240, and runAI®200.
Delivers high-performance AI inference for demanding tasks.
Facilitates model import and deployment for AI inference.
Offers fast, energy-efficient AI acceleration for applications.
Supports AI inference with push-button model integration.
People of Untether AI
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Funding Insights of Untether AI
Untether AI has successfully raised a total of $152M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $125 million completed in July 2021. 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 Untether AI
Untether AI has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include AMD, CPP Investments and Radical Ventures.
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Tracker Capital is engaged in venture capital investments in emerging technologies.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Investor details for Untether AI
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Investments & Acquisitions by Untether AI
Investment portfolio details for Untether AI
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Financial Statements - Untether AI
Detailed financials for Untether AI
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Untether Ai Comparisons
Peer comparison for Untether AI
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Competitors of Untether AI
Untether AI 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 Flex Logix, Preferred Infrastructure, Cerebras, Axelera AI and Celestial AI, among others.
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Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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Machine learning, deep learning, and high-performance computing solutions are developed.
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Custom AI models are trained on a specialized computing platform.
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Provider of hardware and software-based platforms for accelerating AI inference at the edge
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Provider of AI-powered optical processing units
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Detailed competitors of Untether AI
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Latest news on Untether Ai
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Frequently Asked Questions about Untether AI
Untether AI was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Untether AI is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Chris Walker is the current CEO of Untether AI.
Untether AI is a funded company, having raised a total of $152M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Untether AI is 90.
Untether AI was founded in 2018 in Toronto, Canada. Solutions in at-memory computing are developed for AI inference acceleration within the semiconductor sector. A neural net processor is offered to enable operations like machine vision and speech recognition in power-limited devices, including AR headsets and wearables. Near-memory architecture is integrated with digital processing to shorten the gap between memory storage and computational tasks.
Untether AI's top competitors include Preferred Infrastructure, Celestial AI and Axelera AI.
Untether AI offers tsunAImi® accelerator card, imAIgine® SDK, speedAI®240, and runAI®200.
Untether AI has 5 investors. Key investors include AMD, CPP Investments, Radical Ventures, Tracker Capital, and Intel Capital.