Enflame Valuation, Funding & Investors

NextSilicon is an Israeli semiconductor startup, founded in 2018 by Elad Raz, that develops high-performance computing chips built on a custom dataflow architecture combined with software algorithms to accelerate compute-intensive workloads. Its chips target supercomputing applications such as molecular dynamics, DNA sequencing, clean energy research, and natural disaster modeling, and the company collaborates with major supercomputing centers, including Sandia National Laboratories, on its Maverick chip series. NextSilicon is also developing the Arbel RISC-V processor as part of its product roadmap.

SemiDrive is a Nanjing-based developer of automotive processors for ADAS, autonomous driving, and smart cockpits. Its X9H series supports L2+ autonomy with 8-core ARM Cortex-A and NPU delivering 4 TOPS, manufactured on SMIC 16nm. The company supplies chips to Chinese OEMs like Great Wall Motor and BYD for domain controllers.

Nord Quantique is a Sherbrooke-based quantum computing company developing second-generation processors using bosonic codes for error correction. The firm targets fault-tolerant systems for applications in cryptography, optimization, and simulation. Its technology integrates superconducting circuits and photonic interfaces, with prototypes tested in Canadian research labs.

Photonic is a Vancouver-headquartered company constructing a networked quantum computing platform using optically-linked silicon spin qubits. Its technology integrates photonics connectivity over telecom-band fiber for scalable, fault-tolerant quantum modules and networking.

Upscale AI is a high-performance networking company delivering full-stack solutions for AI clusters. Santa Clara-headquartered, it provides Ethernet switches and NICs optimized for GPU interconnects in NVIDIA DGX systems. Upscale's RDMA over Ethernet supports 400Gbps ports for hyperscale data centers. Deployed by cloud providers in Asia, it scales to 10,000-node fabrics.

XLMEC is the brand of Chongqing Xinlian Microelectronics Co., Ltd., a fabless designer of automotive-grade integrated circuits headquartered in Chongqing. It develops power management chips, sensor interfaces, and MCUs for electric vehicles and ADAS systems via xlmec.com. Certified to IATF 16949 standards, the company supplies tier-1 automakers in China's new energy vehicle sector.

Rebellions is a Seoul-based semiconductor company specializing in AI accelerator chips for large-scale inference workloads. Its ATOM family includes Lite, Max, and rack-scale systems, while the REBEL-Quad chiplet features HBM3E memory for high-bandwidth performance. The firm offers a software stack with SDK and compiler supporting PyTorch 2.0 and vLLM for generative AI deployments. Founded in 2020, Rebellions prioritizes energy efficiency in data centers, serving hyperscale cloud providers and AI service operators across Asia and North America.

Innovusion, also known as Seyond, develops high-performance, image-grade LiDAR sensor systems for autonomous vehicles and advanced driver-assistance systems. Founded in 2016 with core teams in Sunnyvale, California and Suzhou, China, the company designs long-range LiDAR aimed at level 4 and 5 autonomous driving, emphasizing range, resolution, sensor fusion, compact size, and cost-effectiveness. It supplies automakers including Chinese electric-vehicle maker Nio, selling sensors at roughly $1,000 per unit as a lower-cost alternative to competitors such as Velodyne and Luminar.

Tenstorrent is a Toronto-headquartered semiconductor company that designs RISC-V based AI processors such as the Grayskull and Wormhole chips for high-performance computing in machine learning workloads. The firm delivers open-source hardware and software stacks including the BittWare accelerator cards and Galaxy scalable software platform. Tenstorrent partners with AMD and Samsung for manufacturing its next-generation chips on five-nanometer processes. Founded in 2016, the company operates production facilities in Santa Clara and Austin while expanding its presence in Asia through collaborations with TSMC.

Inspur Cloud is a Jinan-headquartered provider launched in 2010 that supplies datacenter infrastructure and cloud services globally. Its offerings encompass servers, storage systems, artificial intelligence platforms, high-performance computing solutions, and software outsourcing for government and enterprise clients.

Eliyan is a Milpitas-headquartered semiconductor innovator creating interconnect IP for chiplet ecosystems. The company's NuLink technology leverages standard organic substrates to deliver terabit-per-second bandwidth between dies, matching advanced packaging performance at reduced costs. Eliyan enables scalable multi-core processors for AI accelerators and data center servers with enhanced yield and testability.

Krutrim is an artificial intelligence company developing silicon chips and cloud infrastructure. Based in India, it constructs the country's first comprehensive AI computing stack to enable advanced machine learning workloads.

QuEra Computing is a Somerville-headquartered company pioneering scalable quantum computers using neutral atom arrays as qubits. It advances hardware platforms like Aquila alongside algorithms tackling optimization, chemistry simulations, materials discovery, and machine learning workloads through collaborations with institutions such as Harvard and NVIDIA.

Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.

Core Scientific Inc is engaged in designing, building and operating digital infrastructure for high-performance computing. The business operates in three operating segments; Digital Asset Self-Mining, consisting of performing digital asset mining for the own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and HPC Hosting, consisting of providing hosting services to third parties for graphics processing unit (GPU) based HPC hosting operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.

Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.