AITechFundingNews43 minutes ago
Sparxity Raises $90M for Sparse AI Chips
5 min read
Dresden-based Sparxity completes a Series A round totaling $90 million in funding, led by ICM HPQC Fund with participation from Lockheed Martin Ventures. The company plans its first deployment in 2028 at the Jülich Supercomputing Centre. Revenue increased 4x from 2024 to 2025, and the firm now employs 72 staff across five countries.
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