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Speedata, a chip startup, raised a $44M Series B round to enhance its analytics processing unit design, led by existing investors including Walden Catalyst Ventures and Koch Disruptive Technologies.

Speedata, a chip startup, raised a $44M Series B round to enhance its analytics processing unit design, led by existing investors including Walden Catalyst Ventures and Koch Disruptive Technologies.

06/03/25, 1:19 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgtel aviv
Money raised
$44 million
Industry
artificial intelligence
software
analytics
Round Type
series b
Investors
Eyal Waldman, Lip Bu Tan, Viola Ventures, Pitango First, Koch Disruptive Technologies, 83 North, Walden Catalyst Ventures
Speedata, a Tel Aviv-based startup, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The round was led by existing investors along with strategic investors like Lip-Bu Tan and Eyal Waldman. The funding will aid in developing an APU designed specifically for big data analytics. This achievement highlights Speedata's commitment to innovating within the analytics processing field.

Company Info

Company
Speedata
Location
tel aviv, tel aviv district, israel
Additional Info
Speedata is a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytics and AI workloads. Founded in 2019 by six experts, the company aims to address the limitations of traditional processors by creating dedicated solutions for data analytics. Their APU architecture is built from the ground up for data processing, targeting workloads like Apache Spark. Speedata intends to become the standard processor for data analytics, much like GPUs have for AI training.
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The data in the raised column shows reported funding for this location/industry over last 90 days.

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https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgtel aviv
$407.9 M-32.5%