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Cartesiam logo — STMicroelectronics announced the acquisition of Cartesiam on...

Cartesiam

STMicroelectronics announced the acquisition of Cartesiam on May 2021.

Founded 2016 France France 2 employees Private Equity Total: $2.50M AI, Analytics +3

General Information

Company Name Cartesiam
Founded Year 2016
Location France France
Founders / Decision Makers
Team member
Employees 2
Industries AI, Analytics, Renewable Energy +2
Funding Stage Private Equity
Social

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About Cartesiam

Cartesiam is a France-based startup that was founded in 2016 and specializes in Artificial Intelligence at the edge. Their flagship product, NanoEdge AI, is an award-winning Machine Learning technology for microcontrollers. It is designed to learn and analyze data at the source, enabling efficient and effective processing of equipment-generated data. This capability has applications in Analytics, Renewable Energy, and Semiconductor industries. The startup received its latest investment in the form of a Private Equity Round on 09 January 2019, with DECIDE4ACTION as the investor. The significance of this latest investment and its potential impact on Cartesiam's growth cannot be understated. In a noteworthy development, STMicroelectronics announced the acquisition of Cartesiam in May 2021, signaling the recognition of the startup's valuable contributions to the field of AI at the edge. This acquisition is indicative of the growing importance of edge AI and its potential to revolutionize various industries. With its innovative technology and strategic partnerships, Cartesiam has positioned itself as a key player in the edge AI space. Their acquisition by a major semiconductor company further validates their potential for future growth and impact in the market.

Taxonomy: STMicroelectronics, acquisition, Cartesiam, edge computing, AI at the edge, NanoEdge AI, micro-controllers, energy-efficient, secure environment, smart objects, connected devices

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round Undisclosed 1
DECIDE4ACTION
DECIDE4ACTION
09 Jan 2019
Venture Round €2.00M 1
Bpifrance
Bpifrance
19 Dec 2018
Venture Round €500.00K -
01 Jul 2017

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FAQ About Cartesiam

STMicroelectronics announced the acquisition of Cartesiam on May 2021.
Cartesiam was founded in 2016.
Cartesiam is headquartered in France.
Cartesiam operates in AI, Analytics, Renewable Energy, Semiconductor and Machine Learning. Its work centres on STMicroelectronics, acquisition, Cartesiam and edge computing.
Cartesiam has approximately 2 employees.
Cartesiam has completed 3 funding rounds, raising a total of $2.50M. The latest funding stage is Private Equity.
Top alternatives and competitors to Cartesiam include Pratexo, Spero Devices, Optalysys, Lucid Circuit, Inc., Cloneable.ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cartesiam and Pratexo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cartesiam, https://bouncewatch.com/company/cartesiam, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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