Emerging and High Growth Companies

Untether AI in its USD$13 million Series A financing

Untether AI Corp.
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

On April 1, 2019, Untether AI announced a USD$13 million Series A financing round led by Intel Capital. The company will use the proceeds to continue to develop its artificial intelligence prototype chip and bring it to market. This chip will power future devices that will be able to interpret the real world environment around them.

Untether AI Corporation, based in Toronto, manufactures neural net based inference processors and chips. The processor enables devices to carry out inference operations, including machine vision and speech recognition capabilities.

Osler, Hoskin & Harcourt LLP represented Untether AI with a team led by Chad Bayne that included Gary Marshall, Arielle Kaplan, Jeremy Lin (Emerging and High Growth Companies), and Salim Dharssi (Technology).

Value
USD$13 million
Date Closed
April 1, 2019
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Gary Marshall

Partner, Emerging and High Growth Companies, Toronto