How Much Did Adapteva Raise?
Funding & Key Investors

Zero ASIC, formerly recognized as Adapteva, has solidified its position in the high-performance computing sector through a series of strategic capital injections. The firm has successfully secured a total of $6M in cumulative financing, reflecting its trajectory from a specialized research-focused entity to a significant player in the silicon industry. The most recent infusion of $3.6M marks a pivotal moment in the company's growth, providing the necessary resources to scale its proprietary Epiphany architecture for broader enterprise applications.

This latest round of investment underscores the market's confidence in the company's ability to deliver high-density, energy-efficient processing solutions. By leveraging this capital, Zero ASIC is well-positioned to transition its groundbreaking research into robust, commercial-grade hardware products that address the increasing demands of modern data centers and edge computing environments.

What is Adapteva?

Adapteva
ManufacturingElectronics

Zero ASIC specializes in the design and development of high-performance silicon products, most notably its Epiphany architecture. The company has achieved industry-defining milestones, including the creation of the world's first 1024-core microprocessor and the development of a billion-transistor chip by a single engineer. With a global footprint spanning 75 countries and a user base exceeding 10,000, the company serves as a critical partner for researchers and technology enthusiasts alike. Its market position is defined by a unique blend of academic rigor and commercial scalability, supported by a history of successful crowdfunding and strategic industry partnerships.

How much funding has Adapteva raised?

Adapteva has raised a total of $6M across 3 funding rounds:

2009

Series A

$1.5M

2012

Debt

$853K

2013

Series B

$3.6M

Series A (2009): $1.5M, investors not publicly disclosed

Debt (2012): $853K, investors not publicly disclosed

Series B (2013): $3.6M supported by Ericsson

Key Investors in Adapteva

Ericsson

A global leader in telecommunications and information technology, Ericsson provides comprehensive network solutions, cloud services, and media platforms to operators worldwide.

Undisclosed Investor

An undisclosed institutional backer participating in the company's early-stage financing rounds to support technological development.

Undisclosed Investor

An undisclosed financial entity providing debt capital to facilitate operational growth and hardware development milestones.

What's next for Adapteva?

Looking ahead, the strategic deployment of the $3.6M will likely focus on accelerating the commercialization of the Epiphany architecture and expanding the company's reach within the enterprise hardware market. As the demand for specialized silicon continues to rise, Zero ASIC is expected to prioritize the development of next-generation processor chips that offer superior performance-per-watt metrics. By deepening its integration with major industry players and refining its manufacturing processes, the company aims to transition from a niche innovator to a foundational provider of high-performance computing infrastructure. This phase of growth will be critical in determining the company's long-term viability as it navigates the competitive landscape of semiconductor design and high-performance silicon manufacturing.

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Frequently Asked Questions Regarding Adapteva Financial Insights

What are the most recent funding rounds that Adapteva has completed, and what were the funding rounds?
Adapteva has recently completed 3 funding rounds: Series B on Dec 17, 2013, Debt on May 22, 2012, Series A on Oct 27, 2009.
What is the total amount of funding Adapteva has raised to date?
Adapteva has raised a total of $6M in funding to date.
How many funding rounds has Adapteva completed?
Adapteva has completed 3 funding rounds.
How much funding did Adapteva raise in its most recent funding round?
Adapteva raised $3.6M in its most recent funding round.
Who are the lead investors in Adapteva's latest funding round?
The lead investor in Adapteva's latest funding round was Ericsson. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Adapteva's history?
The largest funding round in Adapteva's history was $3.6M.
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