What does Embedl do?
Embedl provides AI inference optimization technology that enables developers to build efficient, high-performance AI models for edge deployment. Its key products, the Model Optimization SDK and Embedl Hub, streamline the edge AI workflow from model selection to deployment on various hardware devices.
How much did they raise?
The company raised €5.5M in a Pre-Seed funding round, with backers including Chalmers Ventures, Fairpoint Capital, SEB Greentech, Spintop Ventures, and STOAF.
What are their plans for the money?
Embedl intends to use the funds to accelerate the commercialization and launch of its SaaS platform, the Embedl Hub. This expansion is expected to enhance efficiency in industries such as defense, automotive, and robotics by significantly reducing energy consumption and hardware costs.
What have they achieved so far?
Since beginning commercial operations in 2022, Embedl has already made substantial progress by serving major multinational companies like Bosch, Zenseact, Tobii, and Kodiak Robotics, demonstrating the viability and impact of its technology for optimizing deep learning models on edge devices.