Along with the funding it has also announced the appointment of Lattice Semiconductor CEO and President, Jim Anderson, to the company’s Board of Directors.
EdgeQ said that it will use the funding to ramp up production of its 5G + AI “Base Station-on-a-Chip” to address customer demand and to develop its next generation chip. The funding consists of both institutional and strategic investors, including Phaistos Investment Fund, and the Strategic Development Fund (SDF) of the United Arab Emirates, among others.
EdgeQ has taken a revolutionary approach to wireless infrastructure unifying both 4G and 5G onto a single chip that can elastically scale in performance and features via software upgrades. EdgeQ is the only company offering multi-mode 4G+5G convergence along with a production grade 4G+5G PHY layer for O-RAN Distributed Unit (DU) and small cells.
“It is really exciting to see a rich mix of institutional and strategic investors validate the mission and spirit of EdgeQ. We are here to motivate new and existing players, innovating to deploy private 5G networks and O-RAN networks in simplistic, affordable terms,” said Vinay Ravuri, CEO and co-founder of EdgeQ. “By removing the friction and price premium that traditionally accompanies cellular deployment, we have envisioned a new backbone that is simple, intuitive, and open. And this disruption is available now.”
The fabric of wireless infrastructure rests on access to silicon innovation that looks to address a host of transformative applications, and EdgeQ will be the first to address the fast growing, multi-billion dollar 5G infrastructure TAM with a single chip that converges connectivity and compute at the edge.
“EdgeQ is built on strong fundamentals that appeals to investors, technologists, and customers. Particularly in the 5G wireless space, EdgeQ possesses the rare blend of ability and aptitude to execute on a compelling vision that will profoundly reshape how the industry conceives and consumes 5G,” said Jim Anderson, CEO and President of Lattice Semiconductor. “This is a really exciting time to join as an independent board member and help EdgeQ through the next phase of growth and market successes.”
The company’s “Base station-on-a-Chip,” gives the users the ability to build, configure, and deploy public and private networks that are simple, scalable, and affordable. The massively integrated 4G+5G+AI chip leverages both RISC-V and ARM architectures to compact at an unprecedented small scale an entire rack of complex and high-performance base station communications equipment into a tiny and power efficient envelop.
The platform comes feature complete, including a production-grade Physical Layer (PHY) software that governs all the essential protocols and features of 4G/5G.
EdgeQ’s converged 4G+5G+AI platform enables operators and enterprises to deploy systems at scale, implement wholesale upgrades without ripping and replacing their current network configuration, and frees the market from vendor lock-in. The solution is available now. And customer deployments are expected this year.
