EnCharge AI is an AI Accelerators company founded in 2022 and based in Austin, USA. It has raised $144.3M in total funding, most recently a Series B in 2025.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Feb 13, 2025 | Series B | $100M | — | Tiger Global |
| Dec 5, 2023 | Series A extension | $22.6M | — | VentureTech Alliance, RTX Ventures, ACVC Partners |
| Dec 14, 2022 | Series A | $21.7M | — | Anzu Partners |
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EnCharge's debut commercial AI inference accelerator, built on analog in-memory computing that performs matrix math using precise switched-capacitor circuits rather than digital multipliers. The approach targets roughly an order-of-magnitude better energy efficiency (TOPS/watt) than GPUs, enabling capable generative-AI inference on laptops, workstations, and edge devices within tight power budgets. EN100, available in M.2 and card form factors, is the product commercializing research from Naveen Verma's Princeton lab.