AI chip startup, Enfabrica, has raised $125m in a series B venture funding round with backing from US chip giant NVIDIA.
Silicon Valley based Enfabrica is focused on networking chips for AI data centers. The redesign of data centres to create generative AI technologies is widely seen as a growth area – with Nvidia’s advanced AI chips at the core of the transformation.
Go deeper with GlobalData
Enfabrica’s network chips help to speed up Nvidia’s GPU data processing times. Enfabrica chips complement Nvidia GPUs by drawing data from multiple places with a hub and spoke system for data processing.
Enfabrica was founded by former Broadcom and Google executives. Co-founder and chief executive Rochan Sankar has stated publicly that the startup’s offering enables more efficient use of GPUs to increase compute power using around half as many chips.
The Series B venture funding round was led by Atreides Management, whose founder Gavin Baker, formerly of Fidelity Investments, will sit on Enfabrica’s board. Other investors included IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners and Alumni Ventures. Existing investor Sutter Hill Ventures also joined the Series B round.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
