Inspirit Iot, Inc.

CHAMPAIGN, IL · Founded 2016 · Semiconductors · Private

Automated hardware design and ML optimization framework that compiles machine learning models to FPGA platforms with neural network quantization and pruning

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Updated

Sector
Semiconductors
Headquarters
CHAMPAIGN, IL
Founded
2016
Latest Form D
$1.1M, Apr 2018
Total capital
$2.2M
Federal grants
$975K
2 awards · 2017–2018
Rank in peer group#10 of 10
Private capital raised
$1.3M
2 Form D · last Apr 2018
102 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

201620172018FEDERAL ↑EQUITY ↓Cumulative $2.2M$225K$750K1st Form D$200K2nd Form D$1.1M
201620172018FEDERAL ↑EQUITY ↓Cumulative $2.2M$225K$750K1st Form D$200K2nd Form D$1.1M

Latest events

  • Federal grantNSF · Phase II · SBIR Phase II: Efficient Custom Machine Learning for Embedded Intelligence in the Internet of Things$750K
  • Private capital raisedForm D · SEC · 2nd filing$1.1M
  • Federal grantNSF · Phase I · SBIR Phase I: Efficient Custom Platforms for Smart Computer Vision in the Internet of Things$225K
  • Private capital raisedForm D · SEC · 1st filing$200K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 10 peers

Line = median

Semiconductors · Software

  • Federal grantsBelow median

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Deming ChenExecutive Officer, DirectorNamed in SEC Form D filings
  • Jingsheng Jason CongDirectorNamed in SEC Form D filings
  • Li ZhangExecutive OfficerNamed in SEC Form D filings
  • Wen-Mei William HwuDirectorNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

  • MICRONET SOLUTIONS INC.Similar federal contract value in Semiconductors · null in contracts
  • AEHR TEST SYSTEMSSimilar federal contract value in Semiconductors · null in contracts
  • Atomera IncSimilar federal contract value in Semiconductors · null in contracts
  • KNERON, INC.Similar federal contract value in Semiconductors · null in contracts
  • ATOMOS 3D LLCSimilar federal contract value in Semiconductors · null in contracts
  • GHOST DISPLAY TECHNOLOGIES, LLCSimilar federal contract value in Semiconductors · null in contracts

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .