Enfabrica closes $125 million Series B
Atreides Management led the September 2023 financing for AI networking chips.
Enfabrica announced a completed $125 million Series B on 12 September 2023. Atreides Management led the round, with existing investor Sutter Hill Ventures and new backers NVIDIA, IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners and Alumni Ventures.
The company planned to advance production of its Accelerated Compute Fabric devices and expand engineering, sales and marketing. Its silicon and software address networking, input/output and memory constraints in accelerated computing clusters.
Use of funds
Advance Accelerated Compute Fabric devices
Expand engineering and commercial teams