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Majestic Labs

AI Acceleration Chips for Data Centers
Startup Seed Founded 2024 Industrial Technologies
Last Update Jan 26, 2025

Majestic Labs News

2 articles
Jan 23, 2025 · www.themarker.com
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
Nov 2, 2024 · chiportal.co.il
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.
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