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DreamBig Semiconductor Inc. closes $75M in a Series B funding round co-led by Samsung Catalyst Fund and Sutardja Family to enable AI inference and training solutions to the masses.

Jul 16, 2024•12 months ago

Amount Raised

$75 Million

Round Type

series b

San JoseMachine LearningArtificial IntelligenceSoftware

Investors

Grandfull FundIgnite Innovation FundBrvUmc CapitalRaptorEvent HorizonHanwhaSamsungSutardja FamilySamsung Catalyst Fund

Description

DreamBig Semiconductor Inc. announced a $75M equity funding round co-led by the Samsung Catalyst Fund and the Sutardja Family. New investors include Samsung, Hanwha, Event Horizon, and Raptor, alongside continuing contributions from existing stakeholders. The funds will bolster the development and commercialization of products built on DreamBig's Chiplet Hub™ and Platform Chiplets.

Company Information

Company

DreamBig Semiconductor

Location

San Jose, California, United States

About

Dream Big Semiconductor is an emerging semiconductor startup that is dedicated to providing comprehensive low cost, low latency and high throughput solutions for AI, Datacenters, 5G and Automotive Markets. Headquartered in San Jose, CA, USA. Dream Big Semiconductor has offices in different regions across the world for R&D cost optimization. Dream Big Semiconductor has also established strategic partnerships with global leaders in the ecosystem.

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
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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