QUADRIC.IO, INC

Quadric, based in the US, specializes in advanced artificial intelligence processing solutions, particularly through its innovative Chimera General Purpose Neural Processing Unit designed for optimized on-device AI computing. Quadric was founded in 2017 by CEO Veerbhan Kheterpal, CTO Nigel Drego, and CPO Daniel Firu in Burlingame, US, focusing on delivering advanced AI processing technologies. The company has not undergone any notable pivots or changes in its business strategy. In January 2026, Quadric raised USD 26.

30 million in Series C funding led by BEENEXT, with participation from Volta Ventures, Gentree Fund, Wanxiang America Corporation, Pivotal Ventures, and Silicon Catalyst. Uncork Capital and Pear VC also participated in the round. Quadric primarily offers its advanced Chimera General Purpose Neural Processing Unit (GPNPU), a highly flexible processing architecture designed to optimize on-device artificial intelligence computing. The Chimera GPNPU is notable for its ability to scale from 1 to 864 Tera Operations Per Second (TOPs), making it suitable for a wide range of applications across various industries, including automotive, consumer electronics, and smart devices.

It supports an extensive array of machine learning models, including classical backbones, vision transformers, and large language models (LLMs), thus addressing the complex processing needs required in modern AI-driven applications. The company serves a diverse clientele, including automotive manufacturers and technology firms, particularly in North America, Europe, and parts of Asia, where they are increasingly recognized for their IP in the evolving AI landscape. Quadric generates revenue through the licensing of its Chimera GPNPU technology to various industry partners, particularly in the automotive and technology sectors. The transaction structure is primarily B2B, where companies engage in partnerships and collaborations to integrate Quadric’s processing solutions into their products.

These partnerships often involve multi-year agreements, allowing clients to leverage Quadric's advanced processing capabilities for their specific applications. While specific pricing plans for the Chimera GPNPU and associated services have not been disclosed, the revenue stream is supported by the demand for high-performance AI solutions in emerging markets focusing on advanced driver-assistance systems (ADAS), smart devices, and other AI-centric innovations. The company will use the funding from January 2026 to expand its customer deployments of its Chimera GPNPU platform, support new design wins in automotive and edge‑server LLM markets, and accelerate development of its on‑device AI processor IP.