Qualcomm Ventures is the newest investor in SiFive, the RISC-V processor IP startup. It’s a clear signal Qualcomm plans to exploit the potential of the RISC-V architecture in wireless and mobile. SiFive announced it raised $65.4 million in funding, with another $11m for its Chinese sister company SaiFan China.
SiFive also said it has achieved its 101 design win. The company is claiming it has significant traction in embedded markets as device manufacturers rapidly adopt domain-specific application processor designs to enable efficient computing in edge devices. It puts this down to the scalable capabilities of RISC-V that enable semiconductor companies to move through the selection, customization and enhancement phases of designs in just months.
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