Czech chip developer DYNANIC has secured €550,000 in a pre-seed round led by Tensor Ventures. The startup is a spin-off from Brno University of Technology that is redefining programmable chips with post-production adaptability and unmatched flexibility for AI and virtual reality. The investor shared the news on its LinkedIn page.
About DYNANIC
-
DYNANIC (formetly known as BrnoLogic) is a Czech chip developers company headed by CEO and Co-Founder Pavol Korček. The company simplifies the complex process of FPGA programming enabling clients to leverage programmable chips without requiring in-house expertise. More specifically, DYNANIC specializes in solutions for high-speed processing of network packets for speeds up to 400G.
-
FPGAs can be reconfigured after production, allowing businesses to adapt swiftly to rapidly changing requirements. This capability is becoming indispensable as data-intensive technologies like AI and virtual reality demand faster, more secure, and highly efficient computing solutions.
Their solution, already adopted by industry giants like Intel and AMD, enhances data center performance and efficiency, representing a major breakthrough in semiconductor technology.
Investment details
Tensor Ventures joined DYNANIC’s €550,000 pre-seed round alongside angel investors from industry leaders, including former executives from Dell Technologies, AMD, Intel Corporation, and Hewlett Packard Enterprise.
-
Tensor Ventures is a Prague-based venture capital firm investing in deep tech technologies, which often don’t receive traditional investment due to their complexity, which makes estimating their potential challenging.
“This investment exemplifies our mission to uncover advanced innovations in academia and help them to scale globally,” says Roman Smola, founder/GP at Tensor Ventures.
-
The fund focuses on seed to early-stage investments in transformative fields like qAI, IoT, Blockchain, Biotech, Quantum Computing and the future of computing in the CEE+, particularly in the Czech Republic, Slovakia, and the United Kingdom.
-
Tensor Ventures usually invests up to $2 million per startup through its Fund II (Fund I is fully spent).
With the support from Tensor Ventures and leading angel investors, DYNANIC is poised to revolutionize the semiconductor industry and make a significant global impact.
Previously, AIN informed that Tensor Ventures launched its second fund, targeting €50 million in size to invest in deep tech startups across the Czech Republic and beyond.