Innovium Acquisition, Valuation, Funding & Investors

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.

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.

Redpanda Data is a streaming data platform built on a Kafka-compatible engine that enables real-time data processing for AI agents connecting to enterprise systems. Enterprises including Activision Blizzard, Cisco, Moody's, Texas Instruments, Vodafone, and two of the top five U.S. banks process hundreds of terabytes daily through Redpanda. Founded in 2021 and headquartered in San Francisco, the company serves global customers with its open-source solution backed by Lightspeed Venture Partners, GV, and Haystack.

SeeQC is a quantum computing company integrating superconducting qubits with classical processors. Elmsford, New York-headquartered since 2018, it maintains facilities in London and Naples. SeeQC develops single flux quantum electronics for readout, control, and error correction. Its chip-scale systems target enterprise applications in optimization and simulation. The firm collaborates with research institutions on scalable quantum hardware.

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.

Edgehax is a developer of AI hardware acceleration platforms designed for edge computing applications. The platform optimizes machine learning workloads on specialized hardware, targeting sectors requiring low-latency inference such as autonomous systems and real-time analytics.

Axera is designing AI system-on-chips for edge computing applications. The NPU-powered SoCs like the AX650A deliver up to 12 TOPS performance for computer vision in smart cameras and drones. Shenzhen-headquartered, Axera supplies semiconductors to surveillance firms and IoT device manufacturers worldwide.

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.

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.

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.

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.

SemiFive Inc is engaged in providing engineering services for developing dedicated semiconductors optimized for the specifications of World-wide clients, leveraging semiconductor design platform's core technology. Its technologies include: Platform Technology; Logic Design; Physical Design; Package and Board; Software; and Analog Bits.

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.