DeepCube

Acquired

Tel Aviv, Israel · Founded 2018 · $12.0M raised

Headquarters
Tel Aviv
Employees
1–10
Founded
2018
Business Model
B2B
Total Funding
$12.0M
Last Round
$7.0M Series ASep 2020
Rounds
2
Acquisition Date
Apr 2021

About

DeepCube is an Israeli AI company that developed the first software-based inference accelerator for deep learning, enabling significant speed improvements and memory reduction on any existing hardware without requiring new chips or hardware upgrades. Founded in 2018 in Tel Aviv, Israel, DeepCube's technology allows enterprises to deploy deep learning models faster and more efficiently by optimizing inference performance at the software layer. The company's core product could be layered on top of existing infrastructure, making it particularly attractive for industrial and enterprise AI deployments. DeepCube was acquired by Nano Dimension in April 2021 for approximately $70 million, integrating its deep learning acceleration technology into Nano Dimension's AI-driven manufacturing and additive electronics platform. Prior to acquisition, the company had raised approximately $7 million and operated with around 11 employees.

Summary

DeepCube is an Artificial Intelligence company based in Tel Aviv, Israel, founded in 2018. It has raised $12.0M in total across 2 rounds, most recently a $7.0M Series A round in Sep 2020. Investors include AWZ Ventures, NanoDimension and Koch Disruptive Technologies.

Funding History

AcquisitionApr 2021

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