ScaleFlux Valuation, Funding & Investors

ScaleFlux is valued at $87M as of March 2018.

Last ScaleFlux valuation

$87M

Series B · Mar 2018

Last ScaleFlux funding round

$200M

Series C · Feb 2021

Cumulative funding ScaleFlux raised

$287M

across 5 funding rounds

Key investors in ScaleFlux

  • MediaTek
  • Shunwei Capital
  • SIG China (SIG Asia Investments)
  • China Growth Capital
  • SV Tech Ventures
  • SK Group

ScaleFlux Overview

About ScaleFlux

ScaleFlux is a San Ramon-headquartered fabless semiconductor company specializing in computational storage processors and NVMe SSDs for cloud, AI, and enterprise data centers. Founded in 2016, the firm delivers products like the CSUN uncore engine, enabling inline data processing at terabytes-per-second speeds for hyperscalers including Alibaba Cloud and Tencent. ScaleFlux provides validated modules with firmware for deduplication, encryption, and analytics directly on storage drives.


Founded

2014

HQ

United StatesSan Jose, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$87M (Mar 2018)

ScaleFlux Valuation

ScaleFlux is currently valued at $87M, based on its Series B in March 2018.

The $25M round was led by KIOXIA, with participation from Shunwei Capital, China Growth Capital, Xilinx and SIG China (SIG Asia Investments).

ScaleFlux valuation by funding round

ScaleFlux valuation by funding round
DateStageValuation
Mar 2018Series B$87M

ScaleFlux Funding History

ScaleFlux has raised a total of $287M across 5 funding rounds.

ScaleFlux's first fundraising round was a $2M seed round in March 2015. The most recent completed round was a $200M Series C in February 2021.

ScaleFlux funding rounds

ScaleFlux funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2021Series CSK Group (lead); Hermitage Capital; Pavilion Capital Partners; MediaTek$200M--
Sep 2020Series BSIG venture capital$50M--
Mar 2018Series BKIOXIA (lead); Shunwei Capital; China Growth Capital; Xilinx; SIG China (SIG Asia Investments)$25M$87MScaleFlux is a company specializing in computational storage solutions, providing high-performance data acceleration platforms for enterprise and cloud applications. On March 20, 2018, it completed a Series B funding round with investors including China Growth Capital, KIOXIA, Shunwei Capital, SIG China (SIG Asia Investments), and Xilinx, led by KIOXIA. ScaleFlux has raised a total of $79.38M across multiple rounds by 2020, indicating this 2018 Series B was part of an extended Series B process that continued with later tranches such as Series B - III in October 2018 and Series B - IV in 2020 for $21.58M. The company continued fundraising post-2018, reaching 9 rounds by 2020 with 7 investors total. Market context includes investors like KIOXIA, a major memory chip producer formerly part of Toshiba, which faced its own financial challenges around 2018 leading to Bain Capital's acquisition.
May 2016Series AMediaTek (lead)$10M--
Mar 2015SeedSV Tech Ventures (lead)$2M--

Who has invested in ScaleFlux?

11 investors have backed ScaleFlux across its funding rounds, including MediaTek, Shunwei Capital, SIG China (SIG Asia Investments), China Growth Capital, SV Tech Ventures and SK Group.

Lead investors include SK Group, KIOXIA, MediaTek and SV Tech Ventures.


ScaleFlux Investors

Investors in ScaleFlux by funding rounds participated
InvestorHQRoundsRoleFirst check
MediaTekTaiwanHsinchu2LeadMay 2016
SIG venture capitalHong KongHong Kong1ParticipantSep 2020
Hermitage CapitalHong KongHong Kong1ParticipantFeb 2021
KIOXIAJapanTokyo1LeadMar 2018
Pavilion Capital PartnersUnited StatesNew York City, NY1ParticipantFeb 2021
Shunwei CapitalChinaBeijing1ParticipantMar 2018
SV Tech VenturesUnited StatesSan Francisco, CA1LeadMar 2015
China Growth CapitalChinaBeijing1ParticipantMar 2018
XilinxUnited StatesSan Jose, CA1ParticipantMar 2018

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ScaleFlux Competitors

ScaleFlux competitors include listed companies like LGL Group and Raontech, and private ones like SXmicro, Zhuoguangrui, Movandi and Pulsiv.

Public and private companies comparable to ScaleFlux
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SXmicroChinaShenzhenPrivate--$22M-
ZhuoguangruiChinaShanghaiPrivate--$86M-
LGL GroupUnited StatesUnited StatesPublicly listed$4M$270K$86M8.6x
MovandiUnited StatesLos Angeles, CAPrivate--$89M-
PulsivUnited KingdomCambridgePrivate--$84M-
RaontechSouth KoreaSouth KoreaPublicly listed$6M($3M)$91M-

ScaleFlux Public Comps

ScaleFlux is still privately-owned, but its public comps include LGL Group, Eurotech, Top Run Total Solution, Raontech, Wavice, MTI Wireless Edge, BeammWave, MagnaChip Semiconductor, JIG-SAW and Kalray.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
LGL Group$4M$270K10.6x8.6x164.3x-
Eurotech$64M($4M)1.5x1.4x(25.8x)(6166.7x)
Top Run Total Solution$400M$26M0.5x0.5x7.5x-
Raontech$6M($3M)15.6x-(29.2x)-
Wavice$30M$6M1.2x1.4x6.3x-
MTI Wireless Edge$51M$7M1.3x1.2x9.6x9.4x
BeammWave$265K($2M)215.7x127.6x(23.9x)(13.4x)
MagnaChip Semiconductor$179M($23M)0.3x0.3x(2.5x)-

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Common questions about ScaleFlux

When was ScaleFlux founded?ScaleFlux was founded in 2014.
Where is ScaleFlux headquartered?ScaleFlux is headquartered in San Jose, CA, United States.
Is ScaleFlux publicly listed?No, ScaleFlux is a private, VC-backed company.
What is ScaleFlux's valuation?ScaleFlux was last valued at $87M in its Series B in March 2018.
How much funding has ScaleFlux raised?ScaleFlux has raised $287M across 5 funding rounds.
What was ScaleFlux's last funding round?ScaleFlux's last funding round was a $200M Series C in February 2021, led by SK Group.
Who are ScaleFlux's investors?ScaleFlux's investors include MediaTek, SIG venture capital, Hermitage Capital, KIOXIA, Pavilion Capital Partners, Shunwei Capital, SV Tech Ventures, China Growth Capital, Xilinx, SIG China (SIG Asia Investments) and 1 other.
Which companies are comparable to ScaleFlux?Companies comparable to ScaleFlux include SXmicro, Zhuoguangrui, LGL Group, Movandi, Pulsiv and Raontech.

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