NeuReality Overview
NeuReality develops specialized AI inference hardware and software designed specifically for optimizing data center operations. Their main product, the NR1 AI Inference Solution, launched in 2023, is tailored to both traditional and modern data center configurations. The NR1-M AI Inference Module suits existing data centers, while the NR1-S AI Inference Appliance is designed for newer, CPU-free data centers. Both options integrate NeuReality’s proprietary Network Addressable Processing Unit (NAPU) and are complemented by a full suite of software and APIs, which are part of NeuReality’s comprehensive SDK. Targeting sectors such as financial services, healthcare, life sciences, and government, NeuReality’s solutions are engineered to significantly improve the performance and efficiency of AI operations within data centers. By enhancing the utilization of deep learning accelerators, NeuReality helps organizations effectively manage and scale their AI deployments, ensuring optimal operational efficiency.
Cumulative Funding Raised Over Time ($)
$35.0MDec 2022
$43.0MFeb 2021
$63.0MMar 2024
Latest News
growth-positive
מבחני ביצועים חדשים של NeuReality מדגימים את יכולתה של החברה לספק פתרון AI בר קיימא - Chiportalכלי נגישותהגדל טקסטהקטן טקסטגווני אפורניגודיות גבוההניגודיות הפוכהרקע בהירהדגשת קישוריםפונט קריאאיפוס
Israeli AI start-up NeuReality has demonstrated its ability to help solve the energy and cost crisis for data centers running AI inference solutions. The companys NR1-S solution was tested in combination with Qualcomms Cloud AI-100 accelerators, showing a 100% optimal scalability level, up to 90% cost savings, and up to 15 times better energy efficiency in AI data centers. The solution was tested against CPU-based systems used by manufacturers such as Nvidia and large data center operators. NeuReality currently employs about 70 people in its development centers in Caesarea and Tel Aviv and plans to recruit dozens more employees in the coming year to support development challenges and accelerated company growth.
CustomersExpand
Growth-Positive
NeuReality raises $20 million to make AI data centers faster and cheaper | CTech
Israeli startup NeuReality has raised $20 million in new funds from investors including the European Innovation Council (EIC) Fund and Varana Capital. The funding will accelerate the deployment of the companys NR1AI Inference Solution, enabling NeuReality to shift faster from early deployment phase to growth in other markets and generative AI. The companys total funding now stands at $70 million. NeuRealitys AI-centric system architecture allows companies to run generative AI applications and large language models without overinvesting in GPUs.
Investment
How to Make Generative AI Greener
NeuReality Introduces Advanced AI Inference Technologies at SC23
growth-positive
בינה מלאכותית זה יקר? פתרון ישראלי יחסוך לכם עד 90% מהעלויות
NeuReality, an AI startup, is set to launch its NR1™ inference platform at the SC23 conference in Denver, USA. The platform is designed to address the challenges of large data centers based on CPU processors, which suffer from inefficiency and high costs. NeuRealitys unique AI servers enable a tenfold increase in performance and up to 90% savings for AI infrastructures. The company also reveals a series of business partners and customers. The new products are based on the AI-centric architecture and are the first AI servers specifically designed for the inference process.
CustomersPartnersExpand
| Sector | Business Software |
Funding
| Total funding | $63M |
| Last funding | $20M |
| Stage | A |
| Rounds | 4 |
| Investors | 12 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.neureality.ai |
Locations
Yigal Alon Street 94, Tel Aviv, Israel
Halamish Street 14, Caesarea, Israel
Photos & Videos
1 item(s)
NeuReality Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureTarget Customer
Industrial ManufacturingDiscrete IndustriesSemiconductors & ElectronicsEnterprise & Professional ServicesITData CentersEnterprisesHealthcare & Life SciencesHealthcareCommerce & RetailDistribution ChannelseCommerce PlatformsCommunication ServicesBroadband Networks & NGNCore Technology
Artificial IntelligenceNatural Language ProcessingDeep LearningComputer VisionSemiconductors & ElectronicsSystem-on-a-chipPlatforms & InterfacesSoftwareTags (10)
data-centersnatural-language-processingmachine-learningartificial-intelligencesemiconductorscomputer-visionai-process-optimizationdeep-neural-networksdeep-learningenergy-efficiencyNeuReality Financials
$63M
Total funding
Undisclosed
Capital raised
$20M
Last funding
A
Funding stage
4
Total rounds
12
Investors
Cumulative Funding Raised Over Time ($)
$35.0MDec 2022
$43.0MFeb 2021
$63.0MMar 2024
Private Equity Funding
A Round
Mar 2024
$20M
European Innovation Council (Lead)
,
Varana Capital, XT Venture Capital, OurCrowd, Cardumen Capital, Cleveland Avenue, Alumni Ventures
A Round
Dec 2022
$35M
Samsung Venture Investment (Lead)
,
SK Hynix, Gefen Capital, Korea Investment Partners, OurCrowd, Stonebridge Partners, XT Venture Capital, Cleveland Avenue
Seed
Feb 2021
$8M
OurCrowd (Lead)
,
Varana Capital, Cardumen Capital
Non-Equity Funding
GrantEvent
Mar 2024
Undisclosed
EIC Accelerator
NeuReality Lifecycle
Cumulative Funding Raised Over Time
$35.0MDec 2022
$43.0MFeb 2021
$63.0MMar 2024
All Events
A Round
Mar 2024
$20M
European Innovation Council (Lead)
,
Varana Capital, XT Venture Capital, OurCrowd, Cardumen Capital, Cleveland Avenue, Alumni Ventures
A Round
Dec 2022
$35M
Samsung Venture Investment (Lead)
,
SK Hynix, Gefen Capital, Korea Investment Partners, OurCrowd, Stonebridge Partners, XT Venture Capital, Cleveland Avenue
Seed
Feb 2021
$8M
OurCrowd (Lead)
,
Varana Capital, Cardumen Capital
GrantEvent
Mar 2024
Undisclosed
EIC Accelerator
NeuReality News
17 articles
growth-positive
מבחני ביצועים חדשים של NeuReality מדגימים את יכולתה של החברה לספק פתרון AI בר קיימא - Chiportalכלי נגישותהגדל טקסטהקטן טקסטגווני אפורניגודיות גבוההניגודיות הפוכהרקע בהירהדגשת קישוריםפונט קריאאיפוס
Israeli AI start-up NeuReality has demonstrated its ability to help solve the energy and cost crisis for data centers running AI inference solutions. The companys NR1-S solution was tested in combination with Qualcomms Cloud AI-100 accelerators, showing a 100% optimal scalability level, up to 90% cost savings, and up to 15 times better energy efficiency in AI data centers. The solution was tested against CPU-based systems used by manufacturers such as Nvidia and large data center operators. NeuReality currently employs about 70 people in its development centers in Caesarea and Tel Aviv and plans to recruit dozens more employees in the coming year to support development challenges and accelerated company growth.
CustomersExpand
Growth-Positive
NeuReality raises $20 million to make AI data centers faster and cheaper | CTech
Israeli startup NeuReality has raised $20 million in new funds from investors including the European Innovation Council (EIC) Fund and Varana Capital. The funding will accelerate the deployment of the companys NR1AI Inference Solution, enabling NeuReality to shift faster from early deployment phase to growth in other markets and generative AI. The companys total funding now stands at $70 million. NeuRealitys AI-centric system architecture allows companies to run generative AI applications and large language models without overinvesting in GPUs.
Investment
How to Make Generative AI Greener
NeuReality Introduces Advanced AI Inference Technologies at SC23
growth-positive
בינה מלאכותית זה יקר? פתרון ישראלי יחסוך לכם עד 90% מהעלויות
NeuReality, an AI startup, is set to launch its NR1™ inference platform at the SC23 conference in Denver, USA. The platform is designed to address the challenges of large data centers based on CPU processors, which suffer from inefficiency and high costs. NeuRealitys unique AI servers enable a tenfold increase in performance and up to 90% savings for AI infrastructures. The company also reveals a series of business partners and customers. The new products are based on the AI-centric architecture and are the first AI servers specifically designed for the inference process.
CustomersPartnersExpand
growth-positive
NeuReality's innovative AI chip NR1 advances to production stage
Israeli tech firm NeuReality has moved its new AI-centric NR1 chip into the final design phase. The chip is expected to significantly transform how AI is used in various fields, including tasks like understanding human language, processing visual information, recognizing speech, and suggesting content or products to users. The NR1 chip, dubbed the world’s first AI-centric server-on-a-chip, promises to provide affordable access to modernized AI inference infrastructure. Compared to conventional CPU-centric systems, the NR1 chip showcased a 10-fold improvement in performance at equivalent costs during trials.
InvestmentExpand
growth-positive
NeuReality's First AI Inference Server-on-a-Chip Validated and moved to Production
NeuReality, a semiconductor industry company, has moved its validated design of the 7nm AI-centric NR1 chip to TSMC manufacturing. This move marks a significant step in the semiconductor industry as NeuReality aims to transform AI inference solutions used in various applications. The NR1 chip demonstrated 10 times the performance at the same cost compared to conventional CPU-centric systems during trials with AI-centric server systems. The company plans to start shipping the product directly to customers by the end of the year.
CustomersPartners
Growth-Positive
NeuReality appoints Intel exec Ilan Avital as Chief R&D Officer | CTech
NeuReality, an AI semiconductor company based in Israel, has appointed Ilan Avital as its Chief R&D Officer. Avital, an Intel veteran, brings extensive experience in developing and commercializing advanced networking solutions for data centers and cloud. He joins NeuReality as it prepares to commercialize its Network Addressable Processing Unit (NAPU), a potential key component for AI-centric servers. Avital previously served as Vice President and Head of Engineering for Intel’s Data Center Networking Division. NeuReality, which completed a $35 million Series A financing round at the end of 2022, plans to double its workforce in the coming year.
Management ChangesExpand
growth-positive
NeuReality raises $35 million Series A to accelerate AI | CTech
Israeli AI hardware startup NeuReality has raised $35 million in a Series A funding round led by Samsung Ventures. The funding will support NeuRealitys plans to deploy its inference solutions in 2023. The companys system, built for optimized deployment in data centers and near-edge on-premises locations, offers higher performance, lower latency, and greater efficiency compared to existing technologies. NeuRealitys NAPU (Network Addressable Processing Units) is optimized for deep learning inference use cases. The funding will also allow NeuReality to bring its AI chip, the NR1, to the global market. The chip is based on NeuRealitys AI-centric architecture and aims to increase the utilization of current deep-learning processors while reducing latency and overall system cost and power consumption.
Investment
growth-positive
NeuReality תכפיל את כוח האדם; נערכת למסחור ב-2023 - Techtime - חדשות אלקטרוניקה והייטק
Israeli start-up NeuReality, which develops AI systems for data centers, plans to double its workforce in the coming year to accelerate development processes and begin commercial deployment of systems in 2023. The company currently employs about 30 people and has begun recruiting dozens of developers in Israel and the United States. NeuReality was founded in 2019 and last year announced a seed funding round from Cardumen Capital, OurCrowd, and Varana Capital. Recently, Samsung Ventures announced an investment in the company. In November 2021, the company announced an agreement with IBM to develop the next generation of high-performance AI inference platforms.
Expand
growth-positive
Samsung Ventures Invests In Israeli Semiconductor Startup NeuReality
Israeli AI systems and semiconductor startup NeuReality has received a new investment from Samsung Ventures. The investment will be used to advance AI solutions and highly efficient inference technologies for clients and data centers. NeuReality designs purpose-built AI platforms that reconfigure inference technologies to make them easier to implement for less technically-oriented companies. The company aims to provide AI-as-a-service infrastructure to its customers, enabling them to scale their AI usage while reducing costs and energy consumption. The investment from Samsung Ventures is seen as a vote of confidence in NeuRealitys technology and will help the company take its NR1 SoC to production.
Investment
growth-positive
ניוריאליטי מציגה הסכמים עם סמסונג ו-IBM
Israeli start-up NeuReality has received an investment estimated at several million dollars from Samsung Ventures. The company has developed a chip for artificial intelligence (AI) processing that accelerates the use of AI models. NeuReality is also developing a partnership with Samsung to create an AI-based storage system using its chip technology. The company is also collaborating with IBMs cloud services, computer processor company AMD, and several computer manufacturers, including Lenovo. NeuReality was founded by former Intel, Nvidia, and Mellanox employees and has so far raised $8 million in a seed round.
InvestmentPartnersExpand
IBM and NeuReality Team Up to Build the Next Generation of AI Inference Platforms
growth-positive
NeuReality collaborates with Xilinx to deliver NeuReality's novel AI-centric server to the market
NeuReality, an Israeli AI startup, is collaborating with Xilinx to develop AI-centric platforms for real-world AI applications. The collaboration is based on NeuRealitys NR1-P platform, which includes a new type of AI Server-on-Chip (SoC). The platform aims to address the cost and complexity barriers of AI deployment. NeuRealitys NR1-P prototype platform, built on the Xilinx Versal ACAP architecture, offers superior performance compared to Nvidia-based systems. The company will present its offering and collaboration at upcoming AI hardware conferences. NeuReality was founded in 2019 and is led by a seasoned management team.
Partners
growth-positive
"ניוריאליטי" הישראלית משיקה את השבב ששם את ה-AI במרכז
חברת הסטארט-אפ ניוריאליטי, שמתמחה בשבבי בינה מלאכותית (AI), השיקה את האבטיפוס של השבב החדש שלה. החברה, שנוסדה על ידי משה תנ"ך, מנכ"ל החברה, מציעה שלוש טכנולוגיות לניתוב חכם של המידע הנכנס למעבד הבינה המלאכותית, באופן שיכול לסחוט ממנו ביצועים גבוהים פי עשרה אם מצמידים אותו למאיץ מבחוץ, או פי 50 - אם מכניסים את החידושים שלו אל תוך המאיץ פנימה.
InvestmentExpand
growth-positive
NeuReality emerges from stealth to accelerate AI workloads at scale
NeuReality, an Israel-based startup developing high-performance AI hardware for cloud datacenters and edge nodes, has raised $8 million in a seed funding round. The round was led by Cardumen Capital, OurCrowd, and Varana Capital. The company plans to use the funding to launch its first product later in 2021. NeuRealitys products, which will be available as a service, aim to enable customers to scale AI utilization while cutting costs, lowering energy consumption, and shrinking their infrastructure footprint.
Investment
https://www.crowdfundinsider.com/2020/02/157225-interested-in-investing-in-early-stage-firms-ourcrowd-has-a-long-list-reports-36-exits-to-date/
NeuReality Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 88 |
| Team members | 5 |
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NeuReality Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 515909265 |
| Crunchbase | neureality |
| Phone | +972747023333 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-05-06T00:00:00.000Z |
| Created | 2018-10-09T00:00:00.000Z |