EnCharge AI secures over $100 million in Series B funding from Tiger Global to advance its analog memory chip technology for AI workloads. The company focuses on semiconductor innovations targeting efficiency improvements in AI hardware. This investment supports scaling production and research for analog-based AI solutions.
Feb 2025TechCrunchNews article
Monarch Tractor raises $133 million in funding to advance its AI-driven autonomous tractors for precision agriculture. The capital supports scaling production and expanding fleet deployment across commercial farms. The company targets full autonomy in row-crop and specialty crop applications, integrating computer vision and machine learning for real-time decision-making.
Aug 2024Global AgInvestingNews article
Monarch Tractor secures **$133 million in Series C funding**, the largest raise ever in agricultural robotics. The company develops the **world’s first fully electric, driver-optional, smart tractor**, reinforcing its leadership in autonomous farming technology. This capital infusion accelerates innovation in precision agriculture and robotic-assisted crop management.
Jul 2024PR NewswireNews article
Foxconn leads a **$49 million strategic investment** into **Kneron**, a San Diego-based AI company specializing in full-stack artificial intelligence solutions. The funding, part of Kneron’s **$97 million Series B round**, also includes contributions from HH-CTBC Partnership and Alltek. Kneron develops hardware and software for edge AI applications, targeting industries like robotics and smart devices.
Sep 2023TNGlobalNews article
Hon Hai Precision Industry and CTBC Financial Holding created the fund to target electric vehicle investments, the latest step in Hon Hai's expansion into the EV market. Hon Hai said the fund would accelerate development of EV companies by providing technical support as well as funding.