Amount Raised
$30 Million
Round Type
Series A
Los GatosSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceInvestors
Description
Rapid Silicon, a provider of AI and intelligent edge-focused FPGAs based on open-source technology, today announced its $30M Series A Round. The company has closed $15M in funding from Cambium Capital and others, including all existing investors from its seed round. The second close is planned for Q1 2023. This latest round of funding will be used to further invest in Rapid Silicon’s product portfolio, support the launch of its premier low-end FPGA product, Gemini, and to build on the company’s momentum in leading the adoption of open-source software for commercial applications.
Quick answer
Rapid Silicon raised $30 Million in a Series A round, dated January 9, 2023. Investors: Cambium Capital. Rapid Silicon is based in Los Gatos, California, United States.
- How much did Rapid Silicon raise?
- Rapid Silicon raised $30 Million in a Series A round on January 9, 2023.
- Who invested in Rapid Silicon?
- Cambium Capital is named as investors in this round.
- What does Rapid Silicon do?
- Rapid Silicon is a leader in AI enabled application-specific FPGAs for diverse target applications.
- Where is Rapid Silicon based and how big is it?
- Rapid Silicon is based in Los Gatos, California, United States.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Science And Engineering around the same time
Companies in the same sectors as Rapid Silicon that raised within 45 days of this round, from Fundz verified event records.
- Hirelogic raised $6M (Series A) on February 22, 2023.
- Fractal raised an undisclosed amount (Funding Round) on January 24, 2023.
- Kewazo raised $10M (Funding Round) on January 23, 2023.
- CloseFactor raised $15M (Funding Round) on January 17, 2023.
- Dataiku raised $200M on December 13, 2022.
- Dataiku raised $204M on November 25, 2022.
Who to call at Rapid Silicon, and when
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- An alert the day Rapid Silicon raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rapid Silicon, from your own LinkedIn network
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Funding Insights
What this usually meansRapid Silicon 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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