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Efficient Computer raises $97M in Series B led by TQ Ventures at $650M valuation to scale energy-efficient processors for datacenters.

PRIVATESep 29, 2026

Amount Raised

$97 Million

Round Type

Series B

EnergySoftwareArtificial IntelligenceMachine Learning

Investors

OvermatchToyota VenturesMana VenturesTf CapitalTO CapitalTriatomic CapitalGiant VenturesUnion Square VenturesBorderlessTq VenturesEclipse

Description

Efficient Computer announced on September 29, 2026 that it secured more than $97 million in Series B financing at a $650 million valuation, led by TQ Ventures. The round includes participation from Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, Toyota Ventures, Overmatch, and Borderless. The company will use the capital to ship its Electron E1 processor in volume to lead customers and to scale its Fabric architecture to datacenter-class performance. Efficient Computer's total funding raised to date now stands at $173 million.

Company Information

Company

Efficient Computer

About

Efficient Computer designs energy-efficient processors using its Fabric architecture, which achieves 10-100x improvements in energy consumption for general-purpose computation including AI. The company's flagship Electron E1 processor is built on a clean-slate redesign of computer architecture and supports popular software frameworks like C, C++, and ONNX. The processor is designed for applications ranging from physical AI and autonomy to space, defense, and wearable devices, enabling capabilities previously constrained by power budgets.

Fundz sees it the moment Efficient Computer raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Efficient Computer's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Efficient Computer raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.