| Website | progeniq.com |
| Category | Other |
| Employees | |
| Description | Accelerated Computing |
| VENTURE FUNDING | |
| Series A, 4/10 Spring SEEDS Capital Ambient Sound Investments BAF Spectrum |
Progeniq provides hardware accelerators that speed up computationally intensive applications by up to 5x over standard multi-core CPUs.
Progeniq is reinventing the way computing is done by creating small, low-power hardware cards that can be retrofitted into existing servers. At 25W power consumption per accelerator, these offer a significant advantage in performance-per-watt and performance-per-dollar over increasing the size of a serverfarm with more standard rack-servers.
Progeniq’s RenderBoost product line targets the Visual Effects / animations industry, cutting down full-quality rendertimes per frame from hours to minutes.
Progeniq is working with leading rendering software providers and is backed by the Singapore investment funds BAF Spectrum Pte Ltd (www.bafspectrum.com) and SPRING SEEDS Capital Pte Ltd (www.spring.gov.sg) as well as Estonia-based Ambient Sound Investments (ASI) (www.asi.ee). The company is headquartered in Singapore and additional information is available at www.progeniq.com
