Chip startup EnCharge AI raises $21.7 mn

EnCharge AI, a chip startup, has raised $21.7 million in venture capital (VC) funding led by Anzu Partners.
VC funding for techEnCharge AI said the latest VC funding round has received participation from AlleyCorp, Scout Ventures, Silicon Catalyst Angels, Schams Ventures, E14 Fund and Alumni Ventures.

EnCharge AI will use the VC funding to commercialize its computing technology that is designed to run artificial intelligence applications more efficiently.