Beaverton, Oregon-based semiconductor startup AheadComputing, founded by four former Intel (NASDAQ:INTC) central processing unit architects, announced in February that it secured $21.5 million in seed funding to develop a new class of high-performance processors based on the RISC-V architecture. The seed funding round was led by Eclipse Ventures, with participation from Maverick Capital, Fundomo, and EPIQ Capital. The company also added Jim Keller to its board of directors. Keller is widely rega
$22M will barely buy you a production run, let alone a foundry.
It’s seed, using existing RISC IP. They can tape out an early prototype, or even just a simulated design, then use the performance numbers to raise the next round.
If anything, Intel proved that nobody in their right mind should ever go vertical and pay to build a fab again. TSMC in Arizona will happily take the job.