Kalray reaches €97 million raised since it was founded in 2008
Categorie(s) : Industry, News
Published : 1 February 2021
Kalray, a CEA-Leti spinoff founded in 2008 and publicly traded since 2018, recently raised €5.2 million in fresh capital. The company, which designs multicore, massively parallel microprocessors has now raised a total of €97 million.
The CoolidgeTM chip, which Kalray introduced in 2020, is designed to deliver the capacity today’s applications demand, with 80 parallel processing cores and a speed of 25 TOPS. The chip will primarily address the data center and automotive markets. In related news, the company recently formed strategic partnerships with France-based EasyMile and NXP of the Netherlands, which also owns a stake in Kalray. Kalray currently has 80 employees working mainly out of its offices in Montbonnot, near Grenoble.