Technology
Analog Computing
Continuous signal processing using analog circuits for energy-efficient AI, neural networks, and scientific computing.
27 companies
Explainer
Analog Computing explained
Analog computing represents numbers as continuous physical quantities, such as voltage or current, rather than as strings of 0s and 1s. The physics of the circuit does the calculation. For example, Ohm's law and Kirchhoff's current law let a grid of resistors multiply and add numbers at once.
This suits the multiply-accumulate operations at the heart of neural networks. In an analog AI chip, the weights of a network are stored as conductances in a memory array, an input voltage goes in, and the summed current out is the result. Analog circuits were common before digital computers, and the idea is being revived for AI.
How it differs from the usual approach
A digital chip gives repeatable results by representing every value with a fixed number of bits. An analog chip is approximate: noise, temperature and manufacturing variation shift the values, so precision is typically limited to roughly 4 to 8 bits. In return it can use far less energy for the matrix operations in neural networks, because it avoids moving data and converting every step. Converters between analog and digital signals can take a large share of the power.
Where it is used
- Low-power AI inference in always-on devices and sensors.
- Keyword spotting and simple vision tasks at the edge.
- Analog front ends in radios, audio and sensing circuits.
- Research accelerators for neural networks and optimisation.
- Specialised solvers for differential equations in research.
What to watch
- Analog AI chips have mostly been demonstrated in research or small-volume products, and larger production use is still limited.
- Accuracy under noise and drift is the main engineering problem, handled by training networks to tolerate error.
- Memory technologies such as flash, ReRAM and phase-change memory are candidates for storing analog weights.
- Whether the energy saving survives once converters and control circuits are counted decides if the approach scales.
Frequently asked questions
What is analog computing?
It is computing that uses continuous physical quantities such as voltage or current to represent and process numbers. The circuit's physics performs the arithmetic.
Why use analog chips for AI?
Neural networks are mostly multiply-and-add operations that analog circuits can do in one step, with little energy. They also tolerate some imprecision.
What are the drawbacks?
Analog results are noisy and drift with temperature and manufacturing variation. Precision is limited, and the converters between analog and digital parts add cost and power.
- Gemesys Bochum-based spin-off from Ruhr-University Bochum developing analog neural-network chips built on memristors, for training and inference on edge devices. It announced €8.6M in pre-seed funding on 19 November 2024, led by Amadeus APEX Technology Fund and Atlantic Labs, and had a working hardware demonstrator with silicon testing still to come. Analog Computing · Neuromorphic Computing · Edge Computing €8.6M pre-seed (Nov 2024)

- Blumind Ottawa-based analog AI chip startup; raised $20M CAD Series A in April 2025 co-led by Cycle Capital and BDC Capital for AMPL ultra-low-power AI tech. Analog Computing $20M CAD Series A (April 2025)

- AGNIT Semiconductors AGNIT Semiconductors describes itself as a fab-lite gallium nitride company, meaning it designs and develops the process but relies on partners for some manufacturing. Gallium nitride is a material that handles high power and high frequency better than silicon, which suits radio frequency parts for telecom and strategic uses. It sells GaN wafers, RF components and modules. Its headquarters is at the Innovation Centre at the Indian Institute of Science in Bengaluru. Analog Computing · Custom Silicon $2.6M seed extension (March 2026, 3one4 Capital)

- Unconventional AI Unconventional AI is a start-up led by Naveen Rao, formerly head of AI at Databricks, that is developing more energy-efficient hardware for AI workloads. Reports describe analog designs, which compute with continuous electrical signals instead of strictly digital ones, and hybrids that borrow brain-inspired neuromorphic ideas. The company has said the work will be research focused for several years. It announced a seed round of $475 million in December 2025, co-led by Andreessen Horowitz and Lightspeed. Neuromorphic Computing · Analog Computing $475M seed at $4.5B valuation (Dec 2025)

- Aspinity Pittsburgh-based company making analog machine-learning chips that run always-on sensor event detection at microwatt power. Its AML100 is in production, with the higher-performance AML200 following. A US$5M Series B in September 2023 included Korean automotive-chip distributor Unitrontech. Analog Computing · Edge Computing —

- MACOM Technology MACOM designs and manufactures semiconductors for data center, telecommunications, and industrial and defense uses. Its range covers high-speed optical, RF, microwave and millimeter wave products, including components for optical links in data centers and amplifiers for radar and satellite systems. The business traces its roots to Microwave Associates, founded in 1950. The current company was incorporated in Delaware in 2009, completed its IPO in 2012, is headquartered in Lowell, Massachusetts, and trades on Nasdaq under MTSI. ASICs · Analog Computing · Interconnect & Networking —
- TETetraMem Analog in-memory ReRAM AI chips; announced 22nm multi-level RRAM MLX200 SoC milestone May 2026, sampling H2 2026. Analog Computing · In-Memory Computing —
- Rain Neuromorphics Brain-inspired NPU for energy-efficient AI; raised $3M bridge in May 2025, total funding ~$146M. Neuromorphic Computing · Analog Computing $3M bridge (May 2025); ~$146M total raised

- Extropic Z1 thermodynamic sampling unit with 250K p-bits scheduled for early access in 2026; targets image/video generation and robotics control workloads. AI Accelerators · Analog Computing $14M seed

- PTPOLYN Technology NASP neuromorphic analog signal processors; world-first silicon-proven NASP chip announced Oct 2025; demoed ~34µW voice-detection chip at CES 2026. Neuromorphic Computing · Analog Computing · Edge Computing —
- MemComputing San Diego company founded by physicists Fabio Traversa and Massimiliano Di Ventra and entrepreneur John Beane, built on memcomputing, a physics-based approach to optimization problems. It now markets a compute architecture called MEMAI aimed at lower-power AI inference. It said in November 2024 that its Series A had closed. In-Memory Computing · Analog Computing Series A (Nov 2024); $5M exempt offering filed Jan 2026
- RAAAM Memory On-chip GCRAM memory startup; closed $17.5M Series A led by NXP Semiconductors in November 2025 to qualify GCRAM at leading foundries. In-Memory Computing · Analog Computing $17.5M Series A led by NXP (Nov 2025)

- VCVaire Computing Reversible adiabatic computing startup; Ice River test chip (March 2025) demonstrated net energy recovery in CMOS adiabatic circuits. Analog Computing $4.5M seed
- ASAspirare Semi Private Canadian company developing analog-compute AI chips for low-power on-device inference in wearables, IoT and robotics. Its lineup is listed as Gen 1, Gen 2 and Edge accelerators. Neuromorphic Computing · Analog Computing —
- SEMRON SEMRON is a German start-up developing chips for running AI models on small devices such as phones and headsets. Its approach, called CapRAM, uses memcapacitors, which are components that store a neural network weight as an electric charge level and compute with electric fields instead of continuous current. The company says this can cut energy use, though the efficiency figures are its own claims. SEMRON is based in Dresden and announced a seed round of 7.3 million euros led by Join Capital in January 2024. AI Accelerators · Analog Computing · Neuromorphic Computing —
- RCRFHIC Corporation South Korean maker of GaN RF and microwave components, from transistors and amplifiers to microwave systems, serving telecom, radar, electronic warfare and RF energy. It leads a turquoise hydrogen project using a GaN solid-state power amplifier microwave system, funded through KEIT, with a review meeting in April 2026. In February 2026 it began supplying GaN amplifiers for a roughly KRW 18.7 billion POSTECH accelerator project running to 2029. ASICs · Analog Computing —
- Analog Devices Analog Devices designs semiconductors that convert real-world signals such as sound, radio and sensor readings into digital data and back. Its processor lines include SHARC and Blackfin digital signal processors, chips specialised for fast repetitive arithmetic on streams of samples, used in audio, industrial and medical equipment. The company was founded in 1965 in Cambridge, Massachusetts, by Ray Stata and Matthew Lorber, and is headquartered in Wilmington, Massachusetts. It agreed to acquire Maxim Integrated in 2020. DSPs · Analog Computing —
- EnCharge AI Analog in-memory AI accelerator startup; $100M Series B Feb 2025 led by Tiger Global; launched EN100 chip (200+ TOPS) for client/edge AI. Analog Computing · In-Memory Computing $100M Series B (Feb 2025, led by Tiger Global; total $144M+)
- FEFermionIC Fabless semiconductor company in Bengaluru, founded in 2020, that designs multi-protocol re-timer chips for PCIe 5.0 and USB4. It reported about $6M in funding in a round dated 30 September 2024. Analog Computing · ASICs $6M (Sept 2024)
- Innatera Neuromorphic edge AI startup; T1 microcontroller in mass production with smart-remote design win, Pulsar MCU launched at CES 2026. Neuromorphic Computing · Analog Computing $21M Series A (extended, 2024); total $32.2M

- NSNeo Semiconductor 3D X-DRAM passed proof-of-concept in April 2026; new strategic investment led by Acer founder Stan Shih to advance HBM alternative for AI memory. Analog Computing · In-Memory Computing Strategic investment from Stan Shih (Acer founder) - April 2026
- Normal Computing Thermodynamic-computing ASICs and AI EDA; $50M Samsung-led round Mar 2026; taped out world's first thermodynamic chip CN101 in Aug 2025. Analog Computing · AI Accelerators · Custom Silicon $50M strategic (Mar 2026, led by Samsung Catalyst Fund; total $85M+)

- MYMythic Analog Matrix Processor (AMP) startup; closed $125M (Dec 2025) led by DCVC with Honda and Lockheed Martin, $266M total raised. Analog Computing $125M oversubscribed round led by DCVC (Dec 2025); $266M total
- Ampleon Nijmegen-based maker of RF power transistors, with LDMOS and GaN-on-SiC products for cellular infrastructure, avionics and RF energy uses. It was spun out of NXP RF Power business in December 2015. Xichanweixin acquired it in 2022 for US$1.48B. ASICs · Analog Computing $1.48B acquisition (Xichanweixin, 2022)
- Anabrid Modern analog computers on a chip; launched REDAC reconfigurable analog supercomputer (March 2025) with DLR Quantum Computing Initiative. Analog Computing · In-Memory Computing —
- OIOzark Integrated Circuits Fayetteville, Arkansas company working with the University of Arkansas HiDEC center, making high-temperature electronics for harsh environments. Its XNode modules are rated for 200°C and above and serve aerospace, energy, industrial and space uses. It received a US$10.9M DARPA award in March 2024 for a pressure sensor module targeting 800°C and above. ASICs · Analog Computing —
- SASagence AI Analog in-memory inference chips; emerged from stealth Nov 2024, ~$58M raised, multiple customer engagements, chips slated for 2025. Analog Computing · AI Accelerators $58M total (Series B 2023; raising again 2024-25)