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FIORA5, a Romanian startup developing RISC-V processor architecture for edge computing and AI, launches its first funding campaign on Growceanu. Investors can contribute from 200 EUR. The company offers an integrated chip solution that reduces space and energy consumption compared to existing technologies. FIORA5 is part of ChipStart EU and Vest Ventures' accelerator program, aiming to build its first prototype by 2027 and commercialize by 2029. The team, led by Darian Domocos and Alin Pârcălab, is supported by an international advisory board. Market estimates for 2030 include $5 billion for RISC-V and $45 billion for custom chips in automotive and defense.
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