AI chip and system company Sparxity has completed Series A financing, with ICM HPQC Fund as the lead investor

According to TNW, the German AI chip and systems company Sparxity based in Dresden has completed its Series A financing, bringing its total funding to 90 million USD.

Sparxity did not disclose the specific amount of the Series A financing. This round was led by the ICM HPQC Fund, which focuses on investment computing and quantum infrastructure.