A spinout of CEA, one of the institutes that forms part of Paris-Saclay, Kalray has developed manycore microprocessors that require only low levels of energy.

Kalray, a France-based microprocessor manufacturer backed by the state-owned investment bank Bpifrance, secured $26m in capital yesterday from investors including CEA Investissement.

CEA Investissement, the investment arm of research institute Alternative Energies and Atomic Energy Commission (CEA), was joined by Safran Corporate Ventures, the corporate venturing arm of aerospace and defence company Safran.

Pengpai, Ace Management, Eurekap, Héléa Financière and Incocap Gestion also contributed to the funding round.

Kalray was spun out of CEA in 2008. The company is working…

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