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A $50 million round for a Ploiești engineer: “our vision is to build an artificial brain”

The first commercial agreements are signed and an automotive partnership is advanced, as the round closes at $50 million.

CyberSwarm, founded by Mihai Raneti of Ploiesti and headquartered in the United States, has closed a $50 million Series A led by Falanga Invest, a Czech technology fund.

The company has already signed its first commercial agreements and is working on an advanced partnership in the automotive sector. The partner has not been named.

The technology is neuromorphic hardware built on memristor architectures, where processing comes out of the dynamics of physical states rather than out of sequential digital operations. The commercial consequence is systems that learn and react in real time on significantly less energy.

“Our vision is to build an artificial brain,” Raneti says, “a computing system where intelligence emerges from continuous interaction between hardware and the surrounding environment.”

The round is intended to accelerate the architecture, consolidate industrial collaborations and move the company toward first commercial implementations. Raneti describes artificial intelligence as entering a new architectural phase, one where progress comes from changing the machine rather than from making the models larger.