Enfabrica: Networking Silicon Company Closes $115 Million In Funding

By Amit Chowdhry • Dec 5, 2024

Enfabrica Corporation – an industry leader in high-performance networking silicon for artificial intelligence (AI) and accelerated computing – announced that it raised $115 million in new funding as part of an oversubscribed Series C equity financing round led by Spark Capital. The new investors joining the round include Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund, and VentureTech Alliance, with support from existing investors.

Enfabrica also revealed that its 3.2 Terabit/sec (Tbps) Accelerated Compute Fabric (ACF) SuperNIC chip and pilot systems will be available in Q1 2025. Enfabrica’s funding and product news solidify its position in the high-growth AI infrastructure industry and highlight its leadership role in the future of GPU compute networks.

This oversubscribed $115 million Series C financing round was led by Spark Capital, joined by new investors Arm, Cisco Investments, Maverick Silicon, Samsung Catalyst Fund, and VentureTech Alliance. And supporting capital for the round was provided by existing investors including Atreides Management, Alumni Ventures, IAG Capital, Liberty Global Ventures, Sutter Hill Ventures, and Valor Equity Partners.

The company will also deploy the new funding to drive the volume production ramp of ACF SuperNIC chips, further scale its global R&D team, and expand its next-generation product line development.

The AI SuperNIC also emerged as a high-growth silicon product category to logically interconnect GPUs and accelerators across a high-performance scale-out network in an AI data center. And Enfabrica’s ACF solution offers multi-port 800-Gigabit-Ethernet connectivity to GPU servers, and four times the bandwidth and multipath resiliency of any other GPU-attached network interface controller (NIC) product in the industry. 

Enfabrica is the first in the industry to build a grounds-up SuperNIC chip delivering the highest performance, resiliency, and efficiency of data movement demanded by large-scale training, inference, and retrieval-augmented generation (RAG) workloads linked with frontier AI models.

KEY QUOTE:

“This Series C fundraise fuels the next stage of growth for Enfabrica as a leading AI networking chip and software provider. We were the first to draw up the concept of a high-bandwidth network interface controller fabric optimized for accelerated computing clusters. And we are grateful to the incredible syndicate of investors who are supporting our journey. Their participation in this round speaks to the commercial viability and value of our ACF SuperNIC silicon. We will advance the state of the art in networking for the age of GenAI.”

– Rochan Sankar, CEO of Enfabrica