- Companies
- NeuroBlade
NeuroBlade Funding, Investors & Competitors
NeuroBlade has raised $111M across 3 funding rounds, most recently a $83M Series B in June 2021.
About NeuroBlade
NeuroBlade is a data analytics acceleration company founded in 2018 and headquartered in Tel Aviv, Israel, with operations in Palo Alto, California, and Taipei, Taiwan. The firm develops hardware systems that boost query performance on large datasets for cloud and on-premises environments. NeuroBlade integrates with databases like Snowflake and supports petabyte-scale analytics in finance and telecom.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
NeuroBlade Funding History
NeuroBlade has raised a total of $111M across 3 funding rounds.
NeuroBlade's first fundraising round was a $5M seed round in January 2018. The most recent completed round was a $83M Series B in June 2021.
NeuroBlade funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2021 | Series B | Corner Ventures (lead); Grove Ventures; Powerchip Semiconductor Manufacturing; Marius Nacht; UMC Capital; Pegatron; Marubeni; StageOne Ventures; Intel Capital; MediaTek | $83M | NeuroBlade is an Israel-based startup developing AI inference chips for data centers and end-devices. On October 6, 2021, it raised $83 million in a Series B round led by Corner Ventures, with participation from Grove Ventures, Intel Capital, Marius Nacht, Marubeni, MediaTek Ventures, Pegatron Venture Capital, Powerchip Semiconductor Manufacturing, StageOne Ventures, and UMC Capital. This brought total funding to $110.5 million over five rounds. Prior to the Series B, NeuroBlade raised $23 million in a Series A in 2019 led by Marius Nacht with Intel participation, bringing total funding at that time to $27.5 million. The company was later acquired on October 9, 2025. The startup operated in the competitive AI hardware space alongside firms like those in EETimes lists. |
| Jun 2019 | Series A | Marius Nacht (lead); Grove Ventures; StageOne Ventures; Intel Capital | $23M | NeuroBlade is an Israeli artificial intelligence chip developer founded in 2017 by CEO Elad Sity and CTO Eliad Hillel, both former key employees of SolarEdge and graduates of Israel's Intelligence Corps technological unit. The company develops AI processors optimized for the inference stage, designed to run multiple neural networks and complex algorithms simultaneously with improved performance, smaller size, and lower cost compared to existing solutions. The technology targets both data center servers and end-devices including security cameras, laptops, autonomous vehicles, and multimedia systems. In June 2019, NeuroBlade completed a $23 million Series A funding round led by Marius Nacht, co-founder of Check Point Software Technologies, with participation from Intel Capital (as a new investor), StageOne Ventures, and Grove Ventures headed by Dov Moran, inventor of the USB flash drive. This round brought total funding to $27.5 million, including $4.5 million in seed capital raised while in stealth mode from StageOne Ventures and Grove Ventures. The company planned to deploy the capital to expand its workforce and accelerate time-to-market for its first-generation AI chip, with an expected launch in early 2020. The company positioned itself as a challenger to Intel and Nvidia's dominance in AI processing, joining a wave of startups including Habana Labs and Hailo from Israel developing new chip architectures from scratch to address modern AI computational challenges. Industry observers noted that NeuroBlade's technology could deliver performance comparable to market-leading chips while offering advantages in size, cost, and flexibility across diverse deployment scenarios from servers to edge devices. |
| Jan 2018 | Seed | Grove Ventures (lead); StageOne Ventures (lead) | $5M | NeuroBlade, an Israeli startup founded in 2017 by CEO Elad Sity and CTO Eliad Hillel, raised $4.5 million in a seed round from StageOne Ventures and Grove Ventures while in stealth mode, with additional capital from private investors including Rami Lipman. The company develops processors for artificial intelligence applications, targeting data analytics acceleration through processing-in-memory (PIM) technology to eliminate data movement bottlenecks. This seed funding preceded a $23 million Series A round in June 2019 led by Marius Nacht with participation from Intel Capital, StageOne Ventures, and Grove Ventures, bringing total funding to over $27 million at that point. NeuroBlade planned to use the funds to scale its workforce and ramp up marketing to launch its first-generation AI chip, initially targeting servers and end devices like security cameras, laptops, and cars. The company later raised $83 million in a Series B round in October 2021 led by Corner Ventures, with total capital reaching $110 million, and was acquired by Annapurna Labs in October 2025. |
Who has invested in NeuroBlade?
10 investors have backed NeuroBlade across its funding rounds, including StageOne Ventures, Grove Ventures, Intel Capital, Marius Nacht, Marubeni and UMC Capital.
Lead investors include Corner Ventures, Marius Nacht, Grove Ventures and StageOne Ventures.
NeuroBlade Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jan 2018 | ||
| 3 | Lead | Jan 2018 | ||
| 2 | Lead | Jun 2019 | ||
| 2 | Participant | Jun 2019 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
| 1 | Lead | Jun 2021 | ||
| 1 | Participant | Jun 2021 | ||
This data is available for Pro users. Sign up to see all 10 NeuroBlade investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialNeuroBlade Competitors
NeuroBlade competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Publicly listed | $2B | $276M | $16B | 7.0x | ||
| Private | $160M | - | $15B | 93.8x | ||
| Private | $150M | - | $3.7B | 24.7x | ||
| Private | $100M | - | $3.4B | - | ||
| Private | - | - | $3B | - |
NeuroBlade Public Comps
NeuroBlade is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, RELX, Strategy, MongoDB, Verisk Analytics and Fair Isaac.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $2.5B | ($104M) | 11.9x | 10.4x | (282.5x) | 49.6x | |||
This data is available for Pro users. Sign up to see all NeuroBlade competitors and their valuation data. Start Free Trial | ||||||||
Common questions about NeuroBlade
| When was NeuroBlade founded? | NeuroBlade was founded in 2018. |
| Where is NeuroBlade headquartered? | NeuroBlade is headquartered in Tel Aviv, Israel. |
| Is NeuroBlade publicly listed? | No, NeuroBlade is a private, VC-backed company. |
| How much funding has NeuroBlade raised? | NeuroBlade has raised $111M across 3 funding rounds. |
| What was NeuroBlade's last funding round? | NeuroBlade's last funding round was a $83M Series B in June 2021, led by Corner Ventures. |
| Who are NeuroBlade's investors? | NeuroBlade's investors include Grove Ventures, StageOne Ventures, Marius Nacht, Intel Capital, Powerchip Semiconductor Manufacturing, UMC Capital, Corner Ventures, Pegatron, Marubeni and MediaTek. |
| Which companies are comparable to NeuroBlade? | Companies comparable to NeuroBlade include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP. |
See companies similar to NeuroBlade
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




