Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
03.03.25
Pillsbury advised EnCharge AI, a startup developing first-of-its-kind analog in-memory-computing AI chips, in securing over $100 million in Series B funding.
The oversubscribed round was led by investment firm Tiger Global, with additional participation from a mix of new and existing investors.
EnCharge AI’s press release reported that the new funding will advance commercialization of the company’s first client computing-focused AI accelerator products in 2025 and progress along the company’s future product roadmap.
Click here to learn more about the transaction.
The Pillsbury deal team representing EnCharge AI was led by Emerging Companies & Venture Capital partner Stan Pierson and included Corporate senior counsel Lisa Higa and associate Tess Beimler. Regulatory partner Matthew Rabinowitz also advised on aspects of the transaction.