Speedata (Series B)

Funding Details
Awarder
Inbox
Date Award
June 03, 2025
Vertical
Hardware
Funding URL
View Funding Page
Funding Amount:
$44,000,000

Company Info
Founding Year
2019
Traction
The startup claims a specific case where its APU completed a pharmaceutical workload in 19 minutes, significantly faster than the 90 hours it took using a non-specialized processing unit, resulting in a 280x speed improvement.
Founders
Six founders including Adi Gelvan
Company Description
Speedata develops accelerated processor for big data analytics across industries.
Market
Data Analytics
Location
Tel Aviv, Israel
Coinvestors
Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First, Viola Ventures

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