Quiet Capital
Assembly Line
Taalas emerges from stealth with $50 million in funding and a groundbreaking silicon AI technology
Taalas Inc., an innovator in AI and silicon, is pleased to announce that it has exited stealth mode and raised $50 million dollars over two rounds of funding led by Pierre Lamond and Quiet Capital.
Taalas is developing an automated flow for rapidly implementing all types of deep learning models (Transformers, SSMs, Diffusers, MoEs, etc.) in silicon. Proprietary innovations enable one of its chips to hold an entire large AI model without requiring external memory. The efficiency of hard-wired computation enables a single chip to outperform a small GPU data center, opening the way to a 1000x improvement in the cost of AI. The company is taping out its first large language model chip in the third quarter of 2024 and planning to make it available to early customers in the first quarter of 2025.
Volition raises $11M to scale the world's largest industrial parts marketplace
Volition today has announced an $11M seed round led by Newark Venture Partners and Quiet Capital, with major participation from Lachy Groom, Alan Rutledge, Julian Capital, and Humba (Susa) Ventures. Volition is the first and only online industrial parts marketplace designed specifically for the needs of the hardware development world. It aims to accelerate the pace of hardware innovation by serving as the hub that organizes all of the world’s components.