{
  "id": 10827481,
  "title": "Low-energy chip startup Efficient Computer closes on $97M in funding",
  "url": "https://urgent.news/2026/09/30/low-energy-chip-startup-efficient-computer-closes-on-97m-in-funding",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-30T01:44:14.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/09/29/low-energy-chip-startup-efficient-computer-closes-on-97m-in-funding/"
  },
  "original_language": "en",
  "account": "Efficient Computer Co., a low-energy chip startup, has successfully closed a $97 million funding round, marking its second significant investment this year. The investment lead was provided by TQ Ventures, with participation from Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, Toyota Ventures, Overmatch, and Borderless. This brings the company's total funding raised to a staggering $650 million. Efficient is developing an innovative, energy-efficient computer chip based on data flow architecture, which claims to reduce energy consumption by up to 100 times compared to x86 chip architecture used by Intel and AMD.\n\nThe company's first chips are designed for small robots and autonomous drones, running on batteries instead of a power supply. Efficient's co-founder and CEO, Brandon Lucia, argues that modern chips sacrifice programmability and adaptability for efficiency and speed, which limits their usefulness to a narrow subset of tasks. Efficient's data flow architecture eliminates unnecessary data movement and architectural overheads, potentially leading to significant gains in performance per watt.\n\nThe funds from the latest round will be used to scale production volumes and increase shipments to customers. TQ Ventures partner Andrew Marks believes in Efficient's ability to build both hardware and software, turning its breakthrough into a viable business. While Efficient has not disclosed any customer names or revenue details, Lucia claims the company is experiencing overwhelming demand for its Electron E1 chip.",
  "summary": "Low-energy chip startup Efficient Computer Co. said today it has closed on a $97 million round of funding in what is the second major investment it has picked up this year. The round was led by TQ Ventures and saw participation from Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana […] The post Low-energy chip startup Efficient Computer closes on $97M…",
  "key_points": [
    "Efficient Computer secures $97M funding, second major investment this year",
    "TQ Ventures leads investment, joined by 12 other venture capital firms",
    "Company's data flow architecture aims for 100x energy reduction vs x86 chips"
  ],
  "editors_take": "This funding round cements Efficient Computer's position as a key player in the low-energy chip market, enabling it to scale production and capitalize on overwhelming demand for its innovative data flow architecture chips.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}