(PR) Quadric Inference Engine Attracts $30 million Series C Funding

Quadric, the inference engine that powers on-device AI chips, today announced an oversubscribed $30 million Series C funding round, bringing total capital raised to $72 million. ACCELERATE Fund, managed by BEENEXT Capital Management, led the round. Uncork Capital returned with one of the largest insider commitments through its opportunity fund, joined by insider Pear VC. New investors include Volta, Gentree, Wanxiang America, Pivotal, and Silicon Catalyst Ventures. The funding comes as Quadric hits a revenue inflection: product revenues more than tripled in 2025 vs. 2024. Quadric is entering 2026 with accelerating design-win momentum, driven by growing adoption of the General Purpose NPU (GPNPU) processor IP across edge LLM, automotive, and enterprise vision applications.

"We've been deeply impressed by Quadric's innovative architecture, its disruptive approach to AI inference at the edge, and their strong market traction particularly in Asian markets," said Hero Choudhary, Managing Partner at BEENEXT. "Those attributes indicate a very clear path for further growth with a strong potential to be a generational business. We believe Quadric is poised to revolutionize the edge AI hardware sector, and we look forward to supporting their journey as they continue to push the boundaries of what is possible."
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