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XCENA Raises $135M Series B to Accelerate Deployment of Memory-Centric Computing Solutions, co-led by Atinum and IMM Investment.

PRIVATEMay 29, 2026

Amount Raised

$135 Million

Round Type

Series B

San JoseManufacturingSemiconductor

Investors

K2 Investment PartnersKyobo LifePartners InvestmentCompany K PartnersKolon InvestmentPremier PartnersKdb CapitalKorea Development BankShinhan Venture InvestmentDSC InvestmentKiwoom InvestmentCorstone AsiaLB InvestmentAtinum InvestmentSBI InvestmentMirae Asset CapitalMirae Asset Venture InvestmentsSTIC VenturesWonik Investment PartnersSV InvestmentKyobo SecuritiesIMM Investment

Description

XCENA has closed $135 million in a Series B financing round to enhance its memory-centric computing solutions for AI infrastructure. The funding will be used for global expansion, scale customer deployments, and advance its computational memory innovations. Total fundraising now stands at $185 million with a current valuation of $570 million. The round had a wide range of strategic investors from various leading financial institutions across Asia.

Quick answer

XCENA raised $135 Million in a Series B round, dated May 29, 2026. Investors: K2 Investment Partners, Kyobo Life, Partners Investment, Company K Partners, Kolon Investment, Premier Partners, Kdb Capital and Korea Development Bank. XCENA is based in San Jose, California, United States.

How much did XCENA raise?
XCENA raised $135 Million in a Series B round on May 29, 2026.
Who invested in XCENA?
K2 Investment Partners, Kyobo Life, Partners Investment, Company K Partners, Kolon Investment, Premier Partners, Kdb Capital and Korea Development Bank are named as investors in this round.
What does XCENA do?
Founded in 2022, XCENA is a fabless semiconductor company developing intelligent memory solutions and data-centric computing architecture built on Compute Express Link® (CXL®), an open cache-coherent interconnect..
Where is XCENA based and how big is it?
XCENA is based in San Jose, California, United States. Fundz records about 68 employees.
Who are the decision-makers at XCENA?
Fundz holds 2 contacts at XCENA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Semiconductor and Manufacturing around the same time

Companies in the same sectors as XCENA that raised within 45 days of this round, from Fundz verified event records.

  • Stathera raised $55M (Series B) on June 30, 2026.
  • Qubic raised $2.5M (Seed) on June 23, 2026.
  • HyperLight raised $80M (Series C) on June 19, 2026.
  • Amtech Systems raised $60M (Post-IPO Equity) on June 1, 2026.
  • Sivers Semiconductors raised $6.6M (Grant) on May 19, 2026.
  • Lucid Group raised $550M (Series C) on May 1, 2026.

Who to call at XCENA, and when

A new round usually means XCENA is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

XCENA

Location

San Jose, California, United States

About

Founded in 2022, XCENA is a fabless semiconductor company developing intelligent memory solutions and data-centric computing architecture built on Compute Express Link® (CXL®), an open cache-coherent interconnect standard. The company pushes the boundaries of memory technology to improve performance and efficiency in data-intensive systems.

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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

XCENA 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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