Speedata, a chip startup, raised a $44M Series B round to enhance its analytics processing unit design, led by existing investors including Walden Catalyst Ventures and Koch Disruptive Technologies.

Jun 03, 2025•7 months ago

Amount Raised

$44 Million

Round Type

series b

Tel AvivArtificial IntelligenceSoftwareAnalytics

Investors

Eyal WaldmanLip Bu TanViola VenturesPitango FirstKoch Disruptive Technologies83 NorthWalden Catalyst Ventures

Description

Speedata, a Tel Aviv-based startup, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The round was led by existing investors along with strategic investors like Lip-Bu Tan and Eyal Waldman. The funding will aid in developing an APU designed specifically for big data analytics. This achievement highlights Speedata's commitment to innovating within the analytics processing field.

Company Information

Company

Speedata

Location

Tel Aviv, Tel-Aviv District, Israel

About

Speedata is a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytics and AI workloads. Founded in 2019 by six experts, the company aims to address the limitations of traditional processors by creating dedicated solutions for data analytics. Their APU architecture is built from the ground up for data processing, targeting workloads like Apache Spark. Speedata intends to become the standard processor for data analytics, much like GPUs have for AI training.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends