NextSilicon

Company Overview

Snapshot

Founded in August 2017 by Elad Raz, Ilan Tayari, and Eyal Nagar, NextSilicon operates with 201–500 employees. The company has raised $302.6 million across 5 funding rounds from 19 investors. In October 2024, NextSilicon launched its Maverick-2 supercomputer chip, securing tens of millions in orders and shipping to customers including the U.S. Department of Energy.

Business overview

NextSilicon develops a compute platform for high-performance computing (HPC) applications. Their core technology integrates software algorithms that enable hardware to dynamically reconfigure during runtime, enhancing adaptability and operational efficiency. This solution aims to improve processing speeds and efficiency in data-intensive environments, serving industries that require advanced computational capabilities, particularly within the Industrial Technologies sector.

Strategic signal

In November 2025, NextSilicon was recognized by CRN as one of the hottest semiconductor startups for 2025. This recognition, coupled with the unveiling of its Maverick-2 processor for high-performance AI workloads and the upcoming mass production, signals strong market validation and a significant growth trajectory in the competitive AI chip landscape. The company's development of the Arbel processor, based on RISC-V cores and manufactured by TSMC, further indicates its strategic intent to challenge established industry players like Nvidia, AMD, and Intel.

Company Intelligence Q&A

What is NextSilicon's latest product development?

In November 2025, NextSilicon unveiled its Maverick-2 processor, designed for high-performance AI workloads, and announced plans for mass production. Additionally, the company revealed a new processor, Arbel, based on RISC-V cores, manufactured by TSMC, and aimed at enterprise-level high-performance computing.

What was a significant partnership announced by NextSilicon?

In May 2024, NextSilicon partnered with ParTec AG, a supercomputers and quantum computers specialist, to accelerate research workflows and improve energy efficiency using NextSilicon’s Maverick-1 hardware. As part of this partnership, the Zuse Institute Berlin became the first European customer to receive the new Maverick-2 technology.

What was the latest funding round for NextSilicon?

In October 2024, NextSilicon raised an additional $100 million, bringing its total funding to $303 million and maintaining a valuation of $1.6 billion. This round included investments from Amiti Ventures and Aleph.

What strategic initiative did NextSilicon participate in with the Israel Innovation Authority?

In August 2023, NextSilicon led a consortium of four Israeli companies in a strategic investment by the Israel Innovation Authority (IIA) of up to 30 million NIS. This investment was for establishing a state-of-the-art R&D Lab in Israel, focused on AI and high-performance computing.

What was the valuation of NextSilicon in 2021?

In June 2021, NextSilicon was valued at $1.5 billion following a funding round led by Third Point Ventures.