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 ($)
$10.0MJul 2024
$22.0MJun 2024
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
Photos & Videos
No files yet
Majestic Labs Business
Business models
B2B
Product stage
R&D
Employees
11-50
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Enterprise & Professional ServicesITData CentersCore Technology
Semiconductors & ElectronicsChipsetsTags (3)
ai-process-optimizationartificial-intelligencedata-center-efficiencyMajestic Labs Financials
$22M
Total funding
Undisclosed
Capital raised
$10M
Last funding
Seed
Funding stage
2
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$10.0MJul 2024
$22.0MJun 2024
Private Equity Funding
Seed
Jul 2024
$10M
Pipeline Capital Partners (Lead)
,
Hetz Ventures, LUX Capital, Grove Ventures
SAFE
Jun 2024
$12M
Majestic Labs Lifecycle
Cumulative Funding Raised Over Time
$10.0MJul 2024
$22.0MJun 2024
All Events
Seed
Jul 2024
$10M
Pipeline Capital Partners (Lead)
,
Hetz Ventures, LUX Capital, Grove Ventures
SAFE
Jun 2024
$12M
Majestic Labs News
2 articles
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
Majestic Labs Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 22 |
| Team members | 4 |
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Majestic Labs Internal
Recent Updates
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Admin Info
| Confidence | 80/100 |
| Missing | sector, video or image, markets, not claimed |
| BI Verification | Dana Arnon |
| Registrar ID | 516994282 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wainscheinker@sncentral.org |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2025-01-26T00:00:00.000Z |
| Created | 2024-11-05T00:00:00.000Z |