Santa Clara based NUVIA, Inc. announced it has received new funding for its plans to reimagine silicon design.
The startup raised $53 million in Series A funding. This funding round was led by Capricorn Investment Group, Dell Technologies Capital, Mayfield and WRVI Capital, all co-leading this round. Nepenthe LLC also contributed to this round.
NUVIA, launched in 2019 by John Bruno, Manu Gulati and Gerald Williams III, is focused on silicon design to deliver industry-leading performance and energy efficiency for data centers. The founders have collectively led engineering and silicon design for more than 20 chips, with 100-plus patents granted to date, as former leaders at Google, Apple, ARM, AMD and other firms.
“The world is creating more data than it can process as we become increasingly dependent on high-speed information access, always-on rich media expirences and ubiquitous connectivity,” said Williams, III, in a blog post.
Williams, III, CEO of NUVIA, added that a step-function increase in computing performance and efficient power usage is needed to feed these growing needs.
“The timing couldn’t be better to create a new model for high-performance silicon design with the support of a world-class group of investors,” he said.