NeuroBlade Funding, Investors & Competitors

NeuroBlade has raised $111M across 3 funding rounds, most recently a $83M Series B in June 2021.

Last NeuroBlade funding round

$83M

Series B · Jun 2021

Cumulative funding NeuroBlade raised

$111M

across 3 funding rounds

Key investors in NeuroBlade

  • StageOne Ventures
  • Grove Ventures
  • Intel Capital
  • Marius Nacht
  • Marubeni
  • UMC Capital
  • Corner Ventures
  • MediaTek

NeuroBlade Overview

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

IsraelTel Aviv

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

NeuroBlade funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2021Series BCorner Ventures (lead); Grove Ventures; Powerchip Semiconductor Manufacturing; Marius Nacht; UMC Capital; Pegatron; Marubeni; StageOne Ventures; Intel Capital; MediaTek$83MNeuroBlade 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 2019Series AMarius Nacht (lead); Grove Ventures; StageOne Ventures; Intel Capital$23MNeuroBlade 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 2018SeedGrove Ventures (lead); StageOne Ventures (lead)$5MNeuroBlade, 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

Investors in NeuroBlade by funding rounds participated
InvestorHQRoundsRoleFirst check
Grove VenturesIsraelTel Aviv3LeadJan 2018
StageOne VenturesIsraelHerzliya3LeadJan 2018
Marius NachtIsraelTel Aviv2LeadJun 2019
Intel CapitalUnited StatesSanta Clara, CA2ParticipantJun 2019
Powerchip Semiconductor ManufacturingTaiwanHsinchu1ParticipantJun 2021
UMC CapitalTaiwanHsinchu1ParticipantJun 2021
Corner VenturesUnited StatesSan Francisco, CA1LeadJun 2021
PegatronTaiwanTaipei1ParticipantJun 2021

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NeuroBlade Competitors

NeuroBlade competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.

Public and private companies comparable to NeuroBlade
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
DynatraceUnited StatesUnited StatesPublicly listed$2B$276M$16B7.0x
ClickHouseUnited StatesSan Francisco, CAPrivate$160M-$15B93.8x
DataikuUnited StatesNew York City, NYPrivate$150M-$3.7B24.7x
StarburstUnited StatesBoston, MAPrivate$100M-$3.4B-
PingCAPUnited StatesSan Francisco, CAPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oracle$67B$33B8.6x7.8x17.7x13.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
RELX$13B$4.9B5.5x5.3x14.4x13.2x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x

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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.

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