Majestic Labs Overview
Majestic Labs is the developer of an AI acceleration chip designed for data centers, providing a comprehensive solution that includes both hardware and software. The chip supports both the training and inference stages of AI development, enabling tasks such as image recognition and natural language processing.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
סטארט-אפ השבבים הסודי שהקים הבכיר הישראלי במטא שם את אנבידיה על הכוונת
מגסטיק לאבס, a stealth-mode startup founded by former Meta and Google chip experts, is developing an AI chip. The company has already raised $22 million and is preparing to raise an additional $100 million. This development comes amid the booming AI and chip industry, fueled by Nvidias success. The startup aims to capitalize on the growing interest in AI technology, particularly in the Israeli chip sector. The article highlights the companys potential impact on the market and its ambitious fundraising goals.
Investment
growth-positive
מתחת לרדאר: הישראלי שעבד בגוגל, מטא ואנבידיה בארה"ב מקים חברת AI חדשה
Majestic Labs, a company founded by Dr. Ofer Shacham, is emerging from stealth mode. The company, which focuses on AI solutions for data center infrastructure, aims to enhance reliability, performance, and recovery in data transfer between centers. Founded in 2023, Majestic Labs has assembled a team of experienced professionals, including former employees from Broadcom and Cadence. The company recently completed its first funding round with Grove Venture, following initial capital from Pipeline Capital Partners. This investment led to the addition of renowned entrepreneur Dov Moran to the board. The company was registered in Israel in June, marking a significant step in its development.
InvestmentExpand
| Sector | Industrial Technologies |
Funding
| Total funding | $22M |
| Last funding | $10M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 4 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | majestic-labs.ai/ |
Locations
Tel Aviv-Yafo, Israel
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