Vayyar Imaging Secures $108M in Series E Funding Led by Koch Disruptive Technologies

Smart microchip background on a motherboard closeup technology

Vayyar Imaging, a global leader in 4D imaging radar, today announced that it has finalized a USD 108 million Series E financing round led by Koch Disruptive Technologies (KDT), bringing the company’s total funding to over USD 300 million. The new round includes first-time Vayyar backers GLy Capital Management and Atreides Management LP, alongside existing investors […]

Celestial AI Raises $56 Million Series A To Disrupt The Artificial Intelligence Chip Industry With A New Photonic-Electronic Platform

Celestial AI Raises $56 Million Series A To Disrupt The Artificial Intelligence Chip Industry With A New Photonic-Electronic Platform Celestial AI Raises $56 Million Series A To Disrupt The Artificial Intelligence Chip Industry With A New Photonic-Electronic Platform Celestial AI is a machine learning accelerator business with a proprietary hardware and software architecture. Koch Disruptive […]

Celestial AI lands $56M to develop light-based AI accelerator chips

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As AI models become more computationally demanding, engineers are looking to new types of materials and hardware to speed up the model development process. One category of components with promise is photonic chips, which leverage light to send signals as opposed to the electricity that conventional processors use. In theory, photonic chips could lead to […]

Celestial AI raises $56M for its hybrid photonic-electronic AI chip

Celestial AI

Celestial AI Inc., a startup developing photonics technology for artificial intelligence applications, has raised $56 million in funding to support its engineering efforts.  Sunnyvale, California-based Celestial AI announced the investment this morning. Koch Disruptive Technologies led the investment with participation from Temasek’s Xora Innovation fund, Tyche Partners, Merck & Co. Inc.’s venture fund and IMEC […]

Big-data processing chip startup Speedata exits stealth with $55M

Speedata, a startup that’s developing a specialized computer processor for data analytics workloads, exited stealth mode today as it closed on a $55 million funding round that brings its total amount raised to $70 million. Walden Catalyst Ventures, 83North and Koch Disruptive Technologies led the Series A round, together with participation from existing investors Pitango […]

Speedata’s chip for analytics workloads gets a $55M boost

Speedata, a semiconductor infrastructure company developing hardware accelerators for analytics and databases, today announced that it raised $55 million in a series A round led by Walden Catalyst Ventures, 83North, and Koch Disruptive Technologies, with participation from Pitango First, Viola Ventures, and individual investors. The company says that the new money will be used to […]

PLIOPS RAISES $65 MILLION IN ITS LATEST ROUND OF FUNDING

Technology innovator, Pliops announced today that it has closed a $65 million oversubscribed funding round, led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, SoftBank Ventures Asia, Expon Capital, Western Digital, Xilinx, and Sweetwood Capital participated, with NVIDIA increasing its share. This news positions Pliops […]

INTEL AND NVIDIA BACK $65M FUNDING ROUND FOR STORAGE CHIP STARTUP PLIOPS

Chip startup Pliops Ltd. today said that it has closed a $65 million funding round backed by Intel Corp., Nvidia Corp. and others to support its mission of making data center storage more efficient. Very few Israeli startups can boast that the world’s leading technology companies invest in them and even fight over the chance […]

PLIOPS COMPLETES $65 MILLION INVESTMENT ROUND LED BY KDT AND NVIDIA

The Israeli company aims to improve data center efficiency with its soon to be launched storage processor Very few Israeli startups can boast that the world’s leading technology companies invest in them and even fight over the chance to do so. One such company is cloud storage startup Pliops Ltd., which announced on Wednesday that […]