Zurich-based Mosaic SoC, an ETH Zurich spinout developing an AI perception chip for AR glasses, has raised $3.8 million from Fonderful, according to details released on April 30, 2026.
The funding will be used to build the company’s chip technology, which is designed to handle demanding perception workloads such as eye and hand tracking and simultaneous localization and mapping. These tasks are becoming increasingly important as AR devices require faster, more efficient on-device processing.
Mosaic SoC is focused on addressing performance and memory bottlenecks in embedded AI computing through a new microcontroller architecture that allows multiple accelerators to access memory simultaneously. The company is initially targeting AR glasses, while also seeing potential applications in robotics and other systems that rely on real-time environmental understanding.
The raise adds to earlier support from Swiss startup backer Venture Kick, which awarded Mosaic SoC CHF 150,000 to help advance its architecture and customer development efforts.
The funding will be used to build the company’s chip technology, which is designed to handle demanding perception workloads such as eye and hand tracking and simultaneous localization and mapping. These tasks are becoming increasingly important as AR devices require faster, more efficient on-device processing.
Mosaic SoC is focused on addressing performance and memory bottlenecks in embedded AI computing through a new microcontroller architecture that allows multiple accelerators to access memory simultaneously. The company is initially targeting AR glasses, while also seeing potential applications in robotics and other systems that rely on real-time environmental understanding.
The raise adds to earlier support from Swiss startup backer Venture Kick, which awarded Mosaic SoC CHF 150,000 to help advance its architecture and customer development efforts.