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GreenWaves Technologies announces a €20M financing

By February 3, 2023February 17th, 2023No Comments

GreenWaves, the French pioneer in RISC-V application processors for battery powered devices and a performance leader in AI and DSP, announces a 20 million euros financing led by Innovacom together with Thales, Definvest[1]  and the French Tech Seed Fund[2], with the backing of historical shareholders Soitec and Zepp Health and other financings.

GreenWaves will use the funding to ramp up the production of its GAP9 processor which is enjoying significant market traction with tier one hearables vendors. GAP9 allows them to bring to market new-to-world audio features such as Neural Network based Noise Filtering and Adaptive Transparency. GAP9 is also being designed into battery powered IoT products such as smart cameras, condition monitoring sensors and vital sign monitoring devices.

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