- Leading-edge silicon design company NUVIA announced that it has raised $240 million in Series B funding
Leading-edge silicon design company NUVIA announced that it has raised $240 million in Series B funding. This funding round was led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai (founders of Marvell Technology Group), funds and accounts managed by BlackRock, Fidelity Management & Research Company LLC., and Temasek with additional participation from Atlantic Bridge, Redline Capital, Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe LLC, and WRVI Capital.
“The opportunity in front of NUVIA has never been brighter, with an industry that’s looking for a new way to get the performance needed to power the next generation of cloud and enterprise computing,” said NUVIA CEO Gerard Williams III. “We’re very fortunate to have an incredible group of investors behind us as we close Series B and take the next steps in our vision to redefine performance, energy efficiency, scalability, compute density and total cost of ownership within the data center.”
NUVIA was launched in February 2019 by John Bruno, Manu Gulati, and Williams with a goal to create the world’s leading server processor. And NUVIA is building a leading-edge SoC and CPU core — which is codenamed “Orion” and “Phoenix” — that are designed to deliver industry-leading performance on real cloud workloads.
Williams previously worked on iPhone chip design at Apple. And Gulati and Bruno both worked at Google before launching Nuvia.