Sunday, September 27, 2020

NUVIA RAISES $240M SERIES B FUNDING AS IT ACCELERATES PLANS TO DELIVER INDUSTRY LEADING CPU PERFORMANCE TO THE DATA CENTER


Series B Investment Round to Provide Runway to First Silicon for Orion SoC

SANTA CLARA, Calif., Sept 25 (Bernama-GLOBE NEWSWIRE) -- 
NUVIA, a leading-edge silicon design company, today announced the close of its Series B funding round, raising $240M. The funding round was led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai (founders of Marvell Technology Group), 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. The closure of NUVIA’s Series B round builds on a $53M Series A round, raised in November 2019. NUVIA was founded in February 2019 by John Bruno, Manu Gulati and Gerard Williams, with the vision to create the world’s leading server processor.

http://mrem.bernama.com/viewsm.php?idm=38248

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