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