Bloomberg Technology·2 min read

Ex-Goldman Banker’s AI Chip Company Secures SoftBank Funding

Kandou AI secures significant funding from SoftBank and others.

Kandou AI, an artificial-intelligence chip company founded by former Goldman Sachs managing director Srujan Linga, has successfully raised $225 million from prominent investors including SoftBank and Synopsys. This funding round elevates the startup's valuation to $400 million, signaling strong investor confidence in its technology and market potential.

Key Takeaways

  • 1.

    Kandou AI's valuation now stands at $400 million following the funding round.

  • 2.

    Investors in this round include Maverick Silicon, SoftBank, and Synopsys.

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Ex-Goldman Banker’s AI Chip Company Secures SoftBank Funding | Trace