Untether AI

Closed

Toronto, Canada · Founded 2018 · $125.0M raised

Headquarters
Toronto
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$125.0M
Last Round
$125.0M Venture RoundJul 2021
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Untether AI developed high-performance AI inference chips designed to operate at extreme energy efficiency, targeting inference acceleration for neural networks. The company raised $125M and expanded to approximately 70-150 employees before AMD acquired its team in June 2025.

Summary

Untether AI is an Artificial Intelligence company based in Toronto, Canada, founded in 2018. It has raised $125.0M in total across 1 round, most recently a $125.0M Venture Round in Jul 2021.

Funding History

Venture RoundVenture RoundJul 2021
$125.0M

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