Overview
- Oxmiq closed a $35 million Series A led by Fundomo and Samsung Catalyst Fund, bringing the startup’s total capital to $60 million, with participation from MediaTek and Pegatron Venture Capital.
- The company said it will use the funds to finish and productize its first OxCore intellectual property and to hire more engineering staff as it scales.
- OxCore is described by Oxmiq as a single, licensable block that merges a GPU engine, a tensor engine and an orchestration (CPU) engine so licensees can build custom AI silicon without full chip programs.
- Oxmiq says OxCore and companion software aim to run CUDA‑based programs on non‑Nvidia hardware and that the design uses chiplets and near‑memory packaging to reduce data movement and energy use; those claims are company‑reported and await independent benchmarks and customer licensing.
- Founded and led by semiconductor veteran Raja Koduri, Oxmiq is pitching an Arm‑style IP licensing model to lower entry costs for AI silicon, a move that could broaden who builds AI infrastructure but will be judged on actual license deals, performance tests and production timelines.