POLYN Technology
Growth Stage
Neuromorphic Front-End chips
Overview
Raised: $0
Platform
Dealmaker Securities
Start Date
09/02/2024
Close Date
Not Provided
Min. Goal
$4,000,000
Max. Goal
$6,000,000
Min. Investment
$9,250
Security Type
Equity - Common
SEC Filing Type
RegD 506(c)
Price Per Share
$185.00
Pre-Money Valuation
$50,000,000
Year Founded
2023
Industry
Industrial Services
Tech Sector
Hardwaretech
Location
Wilmington, Delaware
POLYN Technology, with a valuation of $50 million, is raising funds on Dealmaker Securities via Reg D 506(c) raise. The company specializes in the development of AI analog neuromorphic chips for on-sensor data processing. POLYN Technology’s brain-inspired chips for neural networks stand out as the ideal solutions for sensor data processing and find use cases in a variety of target markets, including wearables, earbuds and hearing aids, industrial IoT, AI healthcare monitoring, and smart tires. The first commercial chip of POLYN Technology is in production, and the company is currently generating revenue with $10 million in sales contracts. Alex Timofejevs and Boris Maslov founded POLYN Technology in March 2023. The current crowdfunding campaign has a minimum target of $4 million and a maximum target of $6 million. The campaign proceeds will be used to accelerate growth capital raise to meet customers’ expectations.
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Raise History
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
POLYN Technology | 03/02/2025 | Dealmaker Securities | $50,000,000 | $0 | Equity - Common | Active | RegD 506(c) |
No prior online funding rounds.
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