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Neureality Lands $35M To Bring Ai Accelerator Chips To Market

RECENTLY ACQUIREDDec 06, 2022

Amount Raised

$35 Million

Round Type

Funding Round

CaesareaInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Glory VenturesKorean Investment PartnersVarana CapitalCardumen CapitalSamsung Ventures

Description

The growing demand for AI, particularly generative AI (i.e., AI that generates images, text and more), is supercharging the AI inferencing chip market. Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., text, images, audio) based on what they learned while “training” on a specific set of data. AI inferencing chips can be — and have been — used to yield faster generations from systems such as Stable Diffusion, which translates text prompts into artwork, and OpenAI’s GPT-3, which extends a few lines of prose into full-length poems, essays and more.

Quick answer

NeuReality raised $35 Million in a Funding Round round, dated December 6, 2022. Investors: Glory Ventures, Korean Investment Partners, Varana Capital, Cardumen Capital and Samsung Ventures. NeuReality is based in Caesarea, Haifa District, Israel.

How much did NeuReality raise?
NeuReality raised $35 Million in a Funding Round round on December 6, 2022.
Who invested in NeuReality?
Glory Ventures, Korean Investment Partners, Varana Capital, Cardumen Capital and Samsung Ventures 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.

  • Seek AI raised $7.5M (Funding Round) on January 11, 2023.
  • Enhesa raised an undisclosed amount on January 10, 2023.
  • DryRun Security raised $2.3M on January 6, 2023.
  • Profet AI raised an undisclosed amount (Series A) on January 5, 2023.
  • Wingspan raised $24M on January 4, 2023.
  • Exyn Technologies raised $35M (Funding Round) on December 23, 2022.

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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Company Information

Company

NeuReality

Location

Caesarea, Haifa District, Israel

About

NeuReality, a Series A venture capital-backed AI startup, is revolutionizing AI Inferencing in data centers worldwide. Founded by seasoned engineers, our AI-centric system architecture—from silicon to software—delivers 10x performance or 90% cost savings, making AI Inferencing faster, affordable, and energy-efficient.

AI made execution free. Knowing first is the whole game now.

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

Related People

1 contact
Verified contactsMoshe T., CEO and co-founder hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for NeuReality's next move

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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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