Startup Funding: February 2021
In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B.
Semiconductors & design
GPU startup
Moore Threads raised an undisclosed amount of pre-A Series funding (stated as billions RMB 1.0B RMB is about $155M) led by
Israeli storage processor co Pliops raises $65m
Through its storage processor, the company substantially accelerates the processing of data-intensive applications in data centers.
Israeli storage processor and database acceleration company Pliops announced today that it has completed a $65 million oversubscribed financing 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, Sweetwood Capital and Menora Mivtachim Holdings participated in the round, with Nvidia increasing its share.
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This latest funding will enhance Pliops ability to deliver game-changing value for enterprise and cloud customers. The investment will be used to bring the new levels of scale, speed and cost effectiveness promised by Pliops’ storage processor to more customers in more ways.