Connect with us

startups

Quadric.io received a total of $15 million so that they can build a plug and play supercomputer for autonomous system

Published

on

Quadric.io received a total of $15 million so that they can build a plug and play supercomputer for autonomous system

Quadric which is basically a startup founded by the people who were behind the secretive Bitcoin mining operation “21E6” and has ended up raising $15 million in their Series A investment round. This has been a huge success for a small company like Quadric.io. This money that has been raised in this investment round will go towards building the supercomputer which will be designed for autonomous systems.

This Series A round of investment was led by automotive Tire 1 supplier DENSO and its semiconductor products arm NSITEXE, which is Quadric.io’s customers of the electric system which will be there in the future in all levels of the autonomous driving solutions. Leawood Venture Capitalist is also one of the participants in the Series A round.

The company said that it will be using the capital to build a product which will hire people as business development. The main seed investors of Quadric.io are Pear, Uncork Capital, Cota Capital, SV Angel, and trucks VC.

Quadric.io grew from a disconnected mission to produce a robot for agriculture, which change the way vineyards are managed. This company was launched in the year 2016 by its Chief executing officer Nigel Drego and CPO Daniel Firu. They are also the co-founders of 21 Inc. The Bitcoin startup which was once known as the 21E6 was later called as Earn.com before it ended up being acquired by Coinbase for $100 million.

The main plan of Quadric was stymied by some real-world fundamentals. The power-hungry ag robot was slowed down with the weight by batteries that were unwieldy to move amongst vineyard row and also the processing time to turn all the loads of the environment data into the actual action which is basically based on the algorithms were a bit slow.

Quadric was on the lookout for the chip which is designed for processing on the edge and all the decisions which are made are in real time. The need has finally grown into a Quadric core product today.

Kheterpal said in a recent post that Intel’s CPU’s is very up to the standard computer processing and the Nvidia GPU has finally,

 “ushered into gaming and much graphics processing for gaming and much more which was previously not possible.”

Quadric will be in need of some technology and parts which neither of the companies can provide which is a chip designed for processing on the edge.

The computer has finally created a unified architecture the supercomputer that will help enable high-performance computing along with artificial intelligence. The supercomputer is built on Quadratic Processor, which is basically a plug and play unit. It has been seen in the early testing that the computer shows 100 times lower latency and 90 percent reduced power consumption.

Quadric was the one which designed the instruction set chip architecture system. All the system level manufacturings are done at the Santa Clara which is in California and all the things are then assembled in Asia.

Quadric has ended up arguing that fundamental technology is all prerequisite for companies that develop all the autonomous systems that can be used for transportation, construction, and agriculture. All the tech which has been used below lacks the performance and can solve a small part according to the company.

The autonomous functions end up requiring higher processing speed and responsiveness that is one the edge which is on the machine level and not in the clouds.

Tesla is one of the companies who has decided to build its own chips to meet all the specific requirements. According to Kheterpal, a very less percentage of companies can come up with resources to build tech from scratch.

Kheterpal wrote:

“Quadric is a plug and play option that eliminates the need for building heterogeneous systems with significant hardware and software integration costs — thereby taking years off of product development roadmaps.”

Source

 

Brown is a Senior Writer at GadgetFreeks.com. He has previously worked as Growth PM lead at Airbnb. At GadgetFreeks, he writes news on latest startups which are launched in the industry.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

OnePlus TV to debut in India in September: CEO Pete Lau OnePlus TV to debut in India in September: CEO Pete Lau
gadgets7 mins ago

OnePlus TV to debut in India in September: CEO Pete Lau

It’s big news for all OnePlus fans as the company is going to launch their TV in India the next...

Happy Janmashtami Wishes Happy Janmashtami Wishes
Entertainment20 mins ago

Happy Krishna Janmashtami 2019: Wishes, Quotes, Captions & Greetings on Cards to share on 24th August

If you are planning to do something good in your life, then Janmashtami is the best period. It is really...

Happy Janmashtami Images Happy Janmashtami Images
Entertainment1 hour ago

Happy Krishna Janmashtami 2019: Images, GIF, HD Pics, Photos & Whatsapp DP to share on 24th August 2019

Every year Janmashtami is celebrated with great pomp and show. It is also known by the name of Krishna Janmashtami....

Peaky Blinders Season 5 Peaky Blinders Season 5
Entertainment4 hours ago

Peaky Blinders Season 5: Cast, Release Date, Trailer, Plot, BBC News & Everything you need to know

Fans are pretty excited to know about the release of Peaky Blinders Season 5. The season 5 will be aired...

The Rain Season 3 The Rain Season 3
Entertainment4 hours ago

The Rain Season 3: Cast, Release Date, Trailer, Plot & More Details

If you are already fascinated by the previous season of The rain series then it is good news for you...

BoJack Horseman Season 6 BoJack Horseman Season 6
Entertainment5 hours ago

BoJack Horseman Season 6: Cast, Release Date, Plot, Trailer

Season 6 of Bojack Horseman is going to get launched on Netflix. In the previous season, one can see that...

Redmi 7, Redmi Note 7S, Redmi Note 7 Pro, Redmi Y3 Redmi 7, Redmi Note 7S, Redmi Note 7 Pro, Redmi Y3
gadgets8 hours ago

Redmi 7, Redmi Note 7S, Redmi Note 7 Pro, Redmi Y3 price in India cut, new prices to be revealed tomorrow

Xiaomi, one of the most popular Chinese smartphone company is soon going to launch its Redmi Note 8 series. In...

Flights grounded at Germany’s Frankfurt airport post the sighting of Drone Flights grounded at Germany’s Frankfurt airport post the sighting of Drone
gadgets22 hours ago

Flights grounded at Germany’s Frankfurt airport post the sighting of Drone

A drone was responsible for delaying all the flights at the Frankfurt Airport this morning. The Frankfurt Airport is one...

Google with absolutely no news on VR Google with absolutely no news on VR
technology1 day ago

Google with absolutely no news on VR

Google has been promising people all through 2016 and 2017 that they will be working on VR technology so that...

Workin’ Moms Season 3 Workin’ Moms Season 3
Entertainment1 day ago

Workin’ Moms Season 3: Release date, Plot, Trailer, Cast & Reviews

Workin’ Moms Season 3 has good news for all their fans because they are coming up with season 3 that...

Trending