Efficient Computer raises $97M Series B at $650M valuation

Efficient Computer, a chip startup spun out of Carnegie Mellon University, has raised $97 million in Series B funding, bringing its valuation to $650 million. The company develops dataflow-architecture chips aimed at faster and more energy-efficient computing.

• Efficient Computer raised $97M in Series B funding
• The startup's valuation reached $650 million
• It was spun out of Carnegie Mellon University
• Its dataflow-architecture chips target speed and energy efficiency