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EnCharge AI

EnCharge AI has raised more than $100 million in a new Series B round led by Tiger Global to drive its next phase of growth in analog AI accelerators. This fresh Series B is separate from capital reported in December 2023 and follows earlier funding activity that helped the company spin out from Princeton University and build its first prototypes. EnCharge plans to use the Series B to bring its analog memory chips to market later this year, embed them into laptops, desktops, handsets, and wearables, and scale commercialization in line with U.S. strategic priorities around AI hardware.