StoryFunding
Normal Computing raises $50M Series A led by Samsung Catalyst, total funding exceeds $85M
Normal Computing announced a $50 million Series A funding round led by Samsung Catalyst Fund, bringing total funding to over $85 million. The round includes participation from Galvanize, Brevan Howard Macro Venture Fund, ArcTern Ventures, and existing investors.
- Samsung Catalyst Fund leads the investment, signaling major chipmaker commitment.
- $50M Series A funding round brings cumulative total to over $85 million.
- Additional backers include Galvanize, Brevan Howard, ArcTern Ventures, and others.
- Funds support CN101 production scaling, Normal EDA software advancement, and Carnot architecture development.