🤗 New Investment: DYNANIC has joined the Tensor Ventures portfolio! €550k pre-seed for programmable chip technology
We're happy to be part in closing this impressive pre-seed round of over €550k alongside angel investors from industry leaders, including former executives from Dell, AMD, Intel, and Hewlett Packard Enterprise.
This marks the first investment from our newly launched second fund in DYNANIC, a spin-off from Brno University of Technology that is redefining programmable chip technology. These cutting-edge chips, critical in the AI and virtual reality era, offer post-production adaptability, delivering unparalleled flexibility for evolving technological demands.
DYNANIC, led by CEO and Co-Founder Pavol Korček, simplifies the notoriously complex process of FPGA programming, enabling clients to leverage programmable chips without requiring in-house expertise. Their solution, already adopted by industry giants like Intel and AMD, enhances data center performance and efficiency, representing a major breakthrough in semiconductor technology.
“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.
Programmable chips, or FPGAs, are transforming the technology landscape. Unlike traditional factory-programmed chips, 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.
With support from Tensor Ventures and leading angel investors, DYNANIC is poised to revolutionize the semiconductor industry and make a significant global impact.