Drafting a concise, plain-language company summary for Arago based on provided details.
Company Size
11-50
Company Stage
Seed
Total Funding
$24.3M
Headquarters
Paris, France
Founded
2024
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Arago, a deeptech startup, has raised $26 million in seed funding to commercialize its photonic AI chip, 'JEF'. This chip uses lasers to process data with photons, offering 10x lower energy consumption than current GPUs. Arago's technology is compatible with existing AI ecosystems and aims to revolutionize AI compute infrastructure. The funding will accelerate product development, expand the team, and enhance business partnerships across France, North America, and Israel.
Sumitomo Corporation has invested in AiRato Inc., a startup specializing in AI-driven cancer radiation therapy planning. Their AI software reduces planning time from six hours to 20 minutes. Sumitomo and AiRato have signed an exclusive distribution agreement for Asia, with plans to start in 2026. This aligns with Sumitomo's strategic focus on medical technology. The investment builds on Sumitomo's experience in healthcare, aiming to expand AiRato's software across Asia.
Arago, a Paris-based DeepTech startup pioneering a new class of energy-efficient AI chips powered by light, has raised €22.1 million in Seed funding to
Arago, a French startup, has raised $26 million to address the high energy consumption of AI by developing a photonic processor named "JEF." Founded in April 2024, Arago aims to reduce energy use by utilizing lasers to process data with photons, which generate less heat than traditional electrons. This technology promises to be ten times more energy-efficient than current GPUs. The funding round was led by Earlybird, Protagoniste, and Visionaries Tomorrow, with participation from notable tech figures.