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Edge computing startup Edgify secures $6.5M Seed from Octopus, Mangrove and semiconductor – Yahoo Finance Australia

Edgify, which builds AI for edge computing, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and an unnamed semicond…

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Edgify, which builds AI for edge computing, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and an unnamed semiconductor giant. The name was not released but TechCrunch understands it nay be Intel Corp. or Qualcomm Inc.
Edgifys technology allows edge devices (devices at the edge of the internet) to interpret vast amounts of data, train an AI model locally, and then share that learning across its network of similar devices. This then trains all the ot…

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