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Home > Hardware > NUVIA raises $240M Series B funding round

NUVIA raises $240M Series B funding round

NUVIA announced the close of its Series B funding round, raising $240M.


Erdem Yasar Erdem Yasar
October 1, 2020
1 min read
NUVIA raises $240M Series B funding round

Silicon design company, NUVIA raised $240M in Series B funding round, led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai, funds and accounts managed by BlackRock, Fidelity Management & Research Company LLC., and Temasek, with additional participation from Atlantic Bridge, Redline Capital, Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe LLC, and WRVI Capital.

Orion and Phoenix

Gerard Williams III, CEO, NUVIA
Gerard Williams III, CEO, NUVIA

NUVIA is building SoC and CPU core, codenamed “Orion” and “Phoenix,” that are designed to deliver industry-leading performance on real cloud workloads. The round built on a $53M Series A round, raised in November 2019. Gerard Williams III, CEO, NUVIA said,

“The opportunity in front of NUVIA has never been brighter, with an industry that’s looking for a new way to get the performance needed to power the next generation of cloud and enterprise computing. We’re very fortunate to have an incredible group of investors behind us as we close Series B and take the next steps in our vision to redefine performance, energy efficiency, scalability, compute density and total cost of ownership within the data center.”

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Tags: Nuvia
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7, Erdem was the managing editor of T3 Magazine.

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