Rivos Raises Over $250M in Funding to Launch Innovative RISC-V Based Chips for Data Analytics and Generative AI
Rivos is a pioneering RISC-V accelerated platform company focused on delivering high-performance, energy-efficient solutions for data analytics and Generative AI applications.
Company Name: Rivos
Location: Santa Clara, CA
Sector: Semiconductor/Technology
Funding Details: Raised over $250M in Series A-3 funding led by Matrix Capital Management. Additional investors include Intel Capital, MediaTek, Cambium Capital, CIDC, Capital TEN, Hotung Venture Group, Walden Catalyst, Dell Technologies Capital, Koch Disruptive Technologies, and VentureTech Alliance.
Purpose of Investment: To launch its first silicon product, expand manufacturing operations, and bolster platform hardware, software engineering, and support functions.
Leadership: Led by Puneet Kumar, co-founder and CEO.
Product: Rivos develops power-optimized chips that integrate high-performance server-class RISC-V CPUs with a Data Parallel Accelerator optimized for LLMs and data analytics. The platform is designed to operate within the constraints of current software programming models and rack server architectures.
About Company: Rivos is a pioneering RISC-V accelerated platform company focused on delivering high-performance, energy-efficient solutions for data analytics and Generative AI applications.
