Speedata

Company Overview

Snapshot

Founded in June 2019 by Dan Charash, Jonathan Friedmann, Yoav Etsion, Rafi Shalom, Itai Incze, and Dani Voitsechov, Speedata operates with 51–200 employees. The company has successfully raised $114 million across 3 funding rounds from 9 investors, with Hanaco Ventures and Artofin leading its B Round in June 2025.

Business overview

Speedata develops dedicated accelerated processors for big data analytics, targeting industries that rely heavily on data processing. Its core technology, the Analytics Processing Unit (APU), is designed to optimize data center and cloud-based database and analytic workloads. This technology significantly improves performance while reducing costs, power consumption, and space. Speedata's solutions cater to cloud providers, enterprises, private data centers, and technology providers across various sectors, aiming to enhance data utilization and redefine performance benchmarks in an AI-driven world.

Strategic signal

In February 2026, Speedata announced a strategic partnership with Nebul, a European Private AI Neocloud provider. This collaboration is significant as Nebul will deploy Speedata's APU technology within its sovereign cloud infrastructure, addressing the growing demand for AI data center capacity in Europe while ensuring data sovereignty. This partnership validates Speedata's technology for critical AI and analytics workloads and signals strong market traction and expansion into key European markets, positioning the company for further growth in the high-performance computing sector.

Company Intelligence Q&A

What was the most recent funding event for Speedata?

In June 2025, Speedata completed a B Round of funding, with Hanaco Ventures and Artofin as lead investors. This round contributed to the company's total capital raised of $114 million.

What is Speedata's core product?

Speedata's core product is its Analytics Processing Unit (APU), a dedicated accelerated processor designed to optimize big data analytics across data centers and cloud-based database and analytic workloads.

What strategic partnership did Speedata announce in February 2026?

In February 2026, Speedata announced a strategic partnership with Nebul, a European Private AI Neocloud provider. Nebul will deploy Speedata's APU technology within its sovereign cloud infrastructure to enhance AI and analytics workloads for European enterprises.

When did Speedata launch its Analytics Processing Unit (APU) powered by the Callisto chip?

Speedata launched its Analytics Processing Unit (APU) powered by the Callisto chip in June 2025, coinciding with a Series B funding round.

Which investors participated in Speedata's Series A funding round?

In September 2021, Speedata raised a Series A funding round with lead investor 83North, and participation from Viola Ventures.