
Building next generation hardware+software appliances for machine learning applications

Building next generation hardware+software appliances for machine learning applications
Founded: Spring 2023
Headquarters: Reno, Nevada, United States
Product focus: Purpose-built inference accelerators, high-capacity memory chips, and inference appliances for Transformer models
Employees (approx.): 32
Recent funding: $230M Series B (Feb 2026); total > $300M
AI inference hardware and infrastructure for Transformer models
2023
Semiconductor / AI infrastructure
$230M
Strategic participants include Qatar Investment Authority (QIA), Arm Holdings, and Helena.
~$75M
Participants reported to include Valor Equity Partners, Atreides Management, DFJ Growth, Flume Ventures, and Resilience Reserve.
“Backed by institutional and strategic investors including Arena Private Wealth, Jump Trading, Unless, Qatar Investment Authority, Arm Holdings, Helena, Valor Equity Partners, Atreides Management, DFJ Growth, Flume Ventures, and Resilience Reserve”