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
Susquehanna International Group
China Growth Capital
SK Group
SV Tech Ventures
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
San Jose, CAWebsite
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, Susquehanna International Group and Xilinx.
ScaleFlux valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2018 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2021 | Series C | SK Group (lead); Hermitage Capital; Pavilion Capital Partners; MediaTek | $200M | - | - |
| Sep 2020 | Series B | SIG venture capital | $50M | - | - |
| Mar 2018 | Series B | KIOXIA (lead); Shunwei Capital; China Growth Capital; Susquehanna International Group; Xilinx | $25M | $87M | ScaleFlux 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 2016 | Series A | MediaTek (lead) | $10M | - | - |
| Mar 2015 | Seed | SV Tech Ventures (lead) | $2M | - | - |
Who has invested in ScaleFlux?
11 investors have backed ScaleFlux across its funding rounds, including MediaTek, Shunwei Capital, Susquehanna International Group, China Growth Capital, SK Group and SV Tech Ventures.
Lead investors include SK Group, KIOXIA, MediaTek and SV Tech Ventures.
ScaleFlux Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Hsinchu | 2 | Lead | May 2016 | |
 Hong Kong | 1 | Participant | Sep 2020 | |
| Hong Kong | 1 | Participant | Feb 2021 | |
 Tokyo | 1 | Lead | Mar 2018 | |
| New York City, NY | 1 | Participant | Feb 2021 | |
 Beijing | 1 | Participant | Mar 2018 | |
| San Francisco, CA | 1 | Lead | Mar 2015 | |
| Beijing | 1 | Participant | Mar 2018 | |
| Philadelphia, PA | 1 | Participant | Mar 2018 | |
This data is available for Pro users. Sign up to see all 11 ScaleFlux investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialScaleFlux Competitors
ScaleFlux competitors include listed companies like Intchains Group and MagnaChip Semiconductor, and private ones like SXmicro, Zhuoguangrui, Movandi and Blu Wireless.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Shenzhen | Private | - | - | $22M | - | |
| China | Publicly listed | $33M | ($13M) | $87M | 1.9x | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Zhuoguangrui | Shanghai | Private | - | - | $86M | - |
| Los Angeles, CA | Private | - | - | $89M | - | |
 South Korea | Publicly listed | $179M | ($23M) | $90M | 0.3x | |
 Bristol | Private | - | - | $84M | - |
ScaleFlux Public Comps
ScaleFlux is still privately-owned, but its public comps include Intchains Group, MagnaChip Semiconductor, Major Power Technology, LGL Group, JIG-SAW, BeammWave, Sancode Technologies, Eurotech, Global Technologies Co and MTI Wireless Edge.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $33M | ($13M) | 0.6x | 1.9x | (1.4x) | - | |||
| $179M | ($23M) | 0.3x | 0.3x | (2.2x) | - | |||
| $13M | $4M | 5.8x | - | 18.1x | - | |||
| $4M | $270K | 10.0x | 7.4x | 154.5x | - | |||
| $23M | $4M | 3.0x | 2.9x | 15.4x | - | |||
| $264K | ($2M) | 308.8x | 171.7x | (34.2x) | (17.9x) | |||
| $2M | $66K | 58.2x | - | 1484.7x | - | |||
| $63M | ($4M) | 1.3x | 1.3x | (23.5x) | 187.1x | |||
This data is available for Pro users. Sign up to see all ScaleFlux competitors and their valuation data. Start Free Trial | ||||||||
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, Susquehanna International Group, Xilinx and 1 other. |
| Which companies are comparable to ScaleFlux? | Companies comparable to ScaleFlux include SXmicro, Intchains Group, Zhuoguangrui, Movandi, MagnaChip Semiconductor and Blu Wireless. |
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