NeuReality Ltd. raised $20M in a funding round led by European Innovation Council (EIC) Fund to accelerate deployment of NR1 AI Inference Solution.
Amount Raised
$20 Million
Round Type
Funding Round
CaesareaInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
European Innovation Council (EIC) Fund participated in a $20 million funding round at AI semiconductor startup NeuReality Ltd., along with Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd. The new capital will accelerate the deployment of the company’s NR1 AI Inference Solution to more customers, bringing the total funding to $70 million.
Quick answer
NeuReality raised $20 Million in a Funding Round round, dated March 25, 2024. Investors: European Innovation Council Fund, Our Crowd, Xt Hi Tech, Cleveland Avenue and Varana Capital. NeuReality is based in Caesarea, Haifa District, Israel.
- How much did NeuReality raise?
- NeuReality raised $20 Million in a Funding Round round on March 25, 2024.
- Who invested in NeuReality?
- European Innovation Council Fund, Our Crowd, Xt Hi Tech, Cleveland Avenue and Varana Capital are named as investors in this round.
- What does NeuReality do?
- NeuReality, a Series A venture capital-backed AI startup, is revolutionizing AI Inferencing in data centers worldwide.
- Where is NeuReality based and how big is it?
- NeuReality is based in Caesarea, Haifa District, Israel. Fundz records about 74 employees.
- Who are the decision-makers at NeuReality?
- Fundz holds 1 contact at NeuReality, including the CEO and co-founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as NeuReality that raised within 45 days of this round, from Fundz verified event records.
- XTEND raised $40M (Series B) on May 8, 2024.
- Aira Technologies raised $18M on May 8, 2024.
- Tana raised $14M on May 7, 2024.
- Espresso AI raised $11M (Seed) on May 7, 2024.
- Numeric raised $10M (Seed) on May 7, 2024.
- Intangible Technology raised $300K on May 1, 2024.
Who to call at NeuReality, and when
A new round usually means NeuReality is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NeuReality raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NeuReality, from your own LinkedIn network
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Related People
NeuReality raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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