NextSilicon Overview
NextSilicon focuses on developing a compute platform tailored for high-performance computing (HPC). Their technology incorporates software algorithms that enable hardware to dynamically reconfigure during runtime, aimed at increasing adaptability and operational efficiency. This feature addresses the need to enhance performance beyond the limits of traditional computing setups, providing a solution for HPC applications requiring advanced computational capabilities. The integration of flexible hardware with intelligent software is central to improving processing speeds and efficiency in data-intensive environments.
Cumulative Funding Raised Over Time ($)
$5.0MDec 2017
$31.6MJul 2019
$151.6MJun 2021
$251.6MMay 2023
$302.6MOct 2020
Latest News
סטארטאפ ישראלי טוען: עקפנו את NVIDIA בביצועים
NextSilicon Details Runtime-Reconfigurable Architecture
growth-positive
Elad Raz, CEO of Israeli chip unicorn NextSilicon insists that the company's new Maverick chip beats Nvidia's chips in terms of performance-to-power-consumption ratio.
NextSilicon, an Israeli company, is making strides in the AI chip market with its innovative Intelligent Compute Accelerator chips, Maverick-1 and Maverick-2. The company has raised $300 million at a $1.5 billion valuation from prominent venture capital funds. NextSilicons chips are designed to outperform traditional processors, offering superior performance-to-power-consumption ratios. The company is targeting niche markets, such as supercomputers used by government research institutes and universities, and plans to expand into the AI server market by 2026. Despite challenges in competing with industry giant Nvidia, NextSilicons unique architecture and strategic partnerships position it for growth in the evolving AI landscape.
InvestmentCustomers
growth-positive
Over the last year, the company has raised an additional $100 million, reaching a valuation of $1.6 billion.
NextSilicon, an Israeli chip unicorn, has launched the Maverick-2, a new supercomputer chip designed to compete with Nvidias offerings. The company has raised an additional $100 million over the past year, maintaining a valuation of $1.6 billion. The Maverick-2 chip, an Intelligent Compute Accelerator, offers superior performance and efficiency for high-performance computing, AI, and vector database applications. It has already received orders worth tens of millions of dollars and is being shipped to customers, including the U.S. Department of Energy and leading academic institutions. The chips design includes a message honoring the resilience of the Jewish people, following recent tragic events. NextSilicon has over 300 employees and continues to expand its global presence.
InvestmentCustomers
growth-positive
NextSilicon takes on Nvidia with Maverick-2 chip, secures tens of millions in sales | CTech
NextSilicon, an Israeli chip unicorn, has launched the Maverick-2, a new supercomputer chip designed to compete with Nvidias offerings. The company has raised an additional $100 million, bringing its total funding to $303 million and maintaining a valuation of $1.6 billion. The Maverick-2 chip, an Intelligent Compute Accelerator, offers superior performance and efficiency for high-performance computing, AI, and vector database applications. It has already received orders totaling tens of millions of dollars and is being shipped to customers, including the U.S. Department of Energy and leading academic research institutions. The chip features a unique inscription honoring the resilience and unity of the Jewish people. NextSilicon employs over 300 people globally.
InvestmentCustomers
| Sector | Industrial Technologies |
Funding
| Total funding | $302.6M |
| Last funding | $100M |
| Stage | C |
| Rounds | 5 |
| Investors | 19 |
Team Members
3
Employees: 201-500
Web & Social Links
| Website | www.nextsilicon.com |
| Careers | Careers page |
Locations
HaHashmonaim Street 91, Tel Aviv-Yafo, Israel
HaEnergia Street 77, Be'er Sheva, Israel
HaUman Street 25, Jerusalem, Israel
Yoqneam, Israel
Austin, TX, USA
Photos & Videos
1 item(s)
NextSilicon Business
Business models
B2B
Product stage
Released
Employees
201-500
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Energy, Utilities & Waste ManagementFinancial ServicesCore Technology
Quantum ComputingMaterials & SubstancesSiliconTags (6)
unicorn-2021ai-process-optimizationquantum-computingsemiconductorshardwarechips-designNextSilicon Financials
$302.6M
Total funding
Undisclosed
Capital raised
$100M
Last funding
C
Funding stage
5
Total rounds
19
Investors
Cumulative Funding Raised Over Time ($)
$5.0MDec 2017
$31.6MJul 2019
$151.6MJun 2021
$251.6MMay 2023
$302.6MOct 2020
Private Equity Funding
Undisclosed Round
May 2023
$100M
Standard Industries
C Round
Jun 2021
$120M
Third Point Ventures (Lead)
,
Corner Ventures, Phenomen Ventures, Amiti Ventures, Playground Global, Schusterman Family Investments
B Round
Oct 2020
$51M
Third Point Ventures (Lead)
,
Liberty Technology Venture Capital II, Schusterman Family Investments , Playground Global, Shai Morag, Amiti Ventures, Danny Leshem, David Perlmutter, Dan Sysmam
A Round
Jul 2019
$26.6M
Michael Reitblat, Aleph, Amiti Ventures, Michael Pechatnikov, Liberty Israel Venture Fund, Heroic Ventures, Elad Raz
Seed
Dec 2017
$5M
Amiti Ventures (Lead)
,
Michael Pechatnikov, Michael Reitblat, Liberty Israel Venture Fund, Yuval Ariav, Heroic Ventures
NextSilicon Lifecycle
Cumulative Funding Raised Over Time
$5.0MDec 2017
$31.6MJul 2019
$151.6MJun 2021
$251.6MMay 2023
$302.6MOct 2020
All Events
Undisclosed Round
May 2023
$100M
Standard Industries
C Round
Jun 2021
$120M
Third Point Ventures (Lead)
,
Corner Ventures, Phenomen Ventures, Amiti Ventures, Playground Global, Schusterman Family Investments
B Round
Oct 2020
$51M
Third Point Ventures (Lead)
,
Liberty Technology Venture Capital II, Schusterman Family Investments , Playground Global, Shai Morag, Amiti Ventures, Danny Leshem, David Perlmutter, Dan Sysmam
A Round
Jul 2019
$26.6M
Michael Reitblat, Aleph, Amiti Ventures, Michael Pechatnikov, Liberty Israel Venture Fund, Heroic Ventures, Elad Raz
Seed
Dec 2017
$5M
Amiti Ventures (Lead)
,
Michael Pechatnikov, Michael Reitblat, Liberty Israel Venture Fund, Yuval Ariav, Heroic Ventures
NextSilicon News
8 articlesסטארטאפ ישראלי טוען: עקפנו את NVIDIA בביצועים
NextSilicon Details Runtime-Reconfigurable Architecture
growth-positive
Elad Raz, CEO of Israeli chip unicorn NextSilicon insists that the company's new Maverick chip beats Nvidia's chips in terms of performance-to-power-consumption ratio.
NextSilicon, an Israeli company, is making strides in the AI chip market with its innovative Intelligent Compute Accelerator chips, Maverick-1 and Maverick-2. The company has raised $300 million at a $1.5 billion valuation from prominent venture capital funds. NextSilicons chips are designed to outperform traditional processors, offering superior performance-to-power-consumption ratios. The company is targeting niche markets, such as supercomputers used by government research institutes and universities, and plans to expand into the AI server market by 2026. Despite challenges in competing with industry giant Nvidia, NextSilicons unique architecture and strategic partnerships position it for growth in the evolving AI landscape.
InvestmentCustomers
growth-positive
Over the last year, the company has raised an additional $100 million, reaching a valuation of $1.6 billion.
NextSilicon, an Israeli chip unicorn, has launched the Maverick-2, a new supercomputer chip designed to compete with Nvidias offerings. The company has raised an additional $100 million over the past year, maintaining a valuation of $1.6 billion. The Maverick-2 chip, an Intelligent Compute Accelerator, offers superior performance and efficiency for high-performance computing, AI, and vector database applications. It has already received orders worth tens of millions of dollars and is being shipped to customers, including the U.S. Department of Energy and leading academic institutions. The chips design includes a message honoring the resilience of the Jewish people, following recent tragic events. NextSilicon has over 300 employees and continues to expand its global presence.
InvestmentCustomers
growth-positive
NextSilicon takes on Nvidia with Maverick-2 chip, secures tens of millions in sales | CTech
NextSilicon, an Israeli chip unicorn, has launched the Maverick-2, a new supercomputer chip designed to compete with Nvidias offerings. The company has raised an additional $100 million, bringing its total funding to $303 million and maintaining a valuation of $1.6 billion. The Maverick-2 chip, an Intelligent Compute Accelerator, offers superior performance and efficiency for high-performance computing, AI, and vector database applications. It has already received orders totaling tens of millions of dollars and is being shipped to customers, including the U.S. Department of Energy and leading academic research institutions. The chip features a unique inscription honoring the resilience and unity of the Jewish people. NextSilicon employs over 300 people globally.
InvestmentCustomers
growth-positive
ParTec and NextSilicon to deliver Maverick-2 - ParTec
NextSilicon Ltd., a deep-tech startup, and ParTec AG, a supercomputers and quantum computers specialist, have partnered to accelerate research workflows and improve energy efficiency using Maverick-1, NextSilicon’s first generation run-time reconfigurable hardware. The Zuse Institute Berlin (ZIB) will be the first European customer to receive the new NextSilicon second generation technology, Maverick-2, delivered by ParTec. This partnership will enable both parties to leverage their expertise, thereby strengthening their market position.
PartnersCustomers
growth-positive
Israel invests $30 million in AI, supercomputing innovation
The Israel Innovation Authority (IIA) is making a strategic investment of up to 30 million NIS to establish a state-of-the-art R&D Lab in Israel, focused on AI and high-performance computing. NextSilicon, an Israeli company known for its innovative processing technologies, will lead a consortium of four Israeli companies in this initiative. The lab will provide R&D services to startups, established companies, and researchers, aiming to foster collaboration and innovation in the field. The establishment of the lab is seen as a significant step in fortifying Israels leadership in AI and supercomputing.
InvestmentPartners
growth-positive
Chip startup NextSilicon announces its arrival with over $200 million in funding and an estimated $1.5 billion valuation
NextSilicon, an Israeli company founded in 2018, has developed an innovative solution to increase the processing power of supercomputers. The company has raised over $200 million and is valued at $1.5 billion. It collaborates with computing centers worldwide for scientific breakthroughs. NextSilicon completed a $120 million funding round led by Third Point Ventures. The company plans to recruit more hardware and software engineers to support its growth for the next five years. NextSilicons technology leverages software algorithms to speed up compute-intensive applications and its architectural concept is revolutionary in terms of efficiency and scale. The company is expected to reshape the computing industry and boost scientific research and development.
InvestmentExpand
NextSilicon Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 336 |
| Team members | 3 |
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NextSilicon Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515702827 |
| Crunchbase | next-silicon |
| Creator | Vered Waxman |
| Creator email | vered.waxman@sncentral.org |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-06-03T00:00:00.000Z |
| Created | 2018-01-01T00:00:00.000Z |