Dynanic, a Czech Republic-based chip tech startup, raised €550,000 in Pre-Seed funding.
Tensor Ventures led the investment round with participation from angel investors.
Dynanic provides a chip tech solution that allows companies to enhance their network performance by offloading data processing tasks to FPGA accelerator cards, without the need for specialized FPGA programming knowledge. The solution has been licensed and adopted by all major FPGA chip manufacturers, including Intel and AMD.
With fresh funds, Dynanic intends to further advance chip tech solutions, that are intended to enhance network performance by offloading high-speed data processing tasks to FPGA accelerator cards.