On April 8, 2025, Blumind, a pioneering innovator in the development of ultra-low-power analog AI chips for edge computing, announced the successful completion of a C$20M Series A funding round. The financing was co-led by Cycle Capital and BDC Capital, with participation from existing investors such as Fusion Fund, Two Small Fish Ventures, and Real Ventures.
This substantial investment will allow Blumind to accelerate the development and commercialization of AMPL™ - its revolutionary analog AI technology. This technology is engineered to significantly cut down on power usage and latency for always-on AI applications. Blumind’s unique approach marks a significant shift from conventional digital techniques, offering greater efficiency and performance in AI operations.
Fasken advised Blumind with a team comprised of Chris Dittrich, Rasmeet Mohar, and Gabriel Potkidis.
Jurisdiction
- Canada
