How Much Did Adapteva Raise?
Funding & Key Investors

Adapteva, a company specializing in high-performance silicon products, has secured significant enterprise-level funding, with its total funding reaching $6M. The company recently announced a major strategic investment of $3.6M, underscoring its continued growth and market position in the advanced semiconductor sector. This latest capital infusion is expected to fuel further development and expansion of its innovative processor architectures.

What is Adapteva?

Adapteva
ManufacturingElectronics

Formerly known as Adapteva, the company now operating as Zero ASIC is a pioneer in high-performance silicon products, most notably its Epiphany architecture. It has a proven track record of delivering multiple generations of advanced processor chips, including the world's first 1024-core microprocessor and a billion-transistor chip developed by a single engineer. With a broad customer base of over 10,000 individuals and entities across 75 countries, Zero ASIC supports more than 100 research projects, catering to both researchers and technology enthusiasts. The company's innovative approach has been recognized through successful crowdfunding campaigns and strategic alliances with major industry players, positioning it as a key innovator in the silicon design space.

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

Ericsson is a global telecommunications company providing information and communications technology solutions for networks, IT and cloud, and media markets. They offer a wide range of products and solutions for mobile access, IP and transmission networks, and cloud services, alongside extensive managed and consulting services.

What's next for Adapteva?

The recent major strategic investment signals a new phase of growth and development for Adapteva (Zero ASIC). This capital is likely to be directed towards scaling production, enhancing its existing Epiphany architecture, and potentially exploring new market segments that require high-performance computing solutions. The company's history of innovation, coupled with its extensive customer reach and successful past funding rounds, suggests a strong trajectory for future advancements in silicon technology. Strategic partnerships and continued research and development will be crucial as Adapteva aims to solidify its position as a leader in the specialized semiconductor market.

See full Adapteva company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingTelecommunication EquipmentElectronics
Industrial Machinery & EquipmentManufacturing
Food & BeverageManufacturingRetailGrocery RetailHospitalityRestaurant Reservations
Industrial Machinery & EquipmentManufacturing

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.
See more information about Adapteva