# Eliyan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eliyan

- Industry: Semiconductors
- Headquarters: Santa Clara, US
- Website: www.eliyan.com
- Total disclosed funding: $245M
- Latest round: Series C (Jul 29, 2026)
- Investors on record: 12

## About

Founded in 2021, Eliyan Corp. operates from Santa Clara, US, focusing on semiconductor interconnect solutions. The founders, Syrus Ziai, Ramin Farjadrad, Patrick Soheili. In July 2026, Eliyan Corp. raised USD 145 million in series C funding led by Seligman Investments, with participation from Cisco Systems and Lumentum Holdings Inc. 

Eliyan’s primary product offerings revolve around advanced semiconductor interconnect technologies, specifically through its NuGear™ chiplets, NuLink and NuLink-X PHY technologies. These solutions enable high-performance Die-to-Die (D2D) and Chip-to-Chip (C2C) connections, addressing critical performance and power efficiency demands in data centers, particularly in the context of artificial intelligence (AI) and high-performance computing (HPC) applications. The NuLink technology serves as a foundational component for the company's PHY IP core products, facilitating low-power, high-performance connections that utilize standard packaging. The NuLink-X technology enhances this offering by providing robust C2C connectivity. Eliyan's products cater to a diverse array of clients in the semiconductor industry, including manufacturers of application-specific integrated circuits (ASICs) and memory solutions, operating across key markets such as North America, Europe, and Asia. These technologies are pivotal in overcoming significant bandwidth limitations—referred to as the Memory Wall and the I/O Wall—thus enhancing system performance in HPC and AI systems.

Eliyan's revenue generation is predominantly derived from the sale of its proprietary NuLink and NuLink-X PHY IP core products, which are integral to modern semiconductor designs. The primary transaction model is B2B, where the company collaborates directly with semiconductor manufacturers to integrate its technologies into their products. Clients typically engage in partnership agreements that include licensing arrangements, allowing them to utilize. Eliyan's technology within their own designs. Transaction structures may also involve development contracts for custom solutions tailored to specific client needs, particularly in high-demand sectors like AI and HPC. The company’s flagship products are positioned as cutting-edge solutions, enhancing both performance and efficiency, which are critical factors considered by clients during the procurement process.

The company will use the July 2026 funding to accelerate product development, expand customer adoption, and grow its ecosystem for next-generation AI infrastructure.

## Funding rounds

- Series C, Jul 29, 2026, $145M — Seligman Investments, Cisco Systems, Lumentum Holdings Inc.
- Series B, Mar 25, 2024, $60M — Intel Capital, Tiger Global Management, SK Hynix, Samsung Strategy & Innovation Center, Mesh Ventures, Cleveland Avenue
- Series A, Nov 8, 2022, $40M — Intel Capital, Celestial Capital Group, Micron Ventures, Tracker Capital

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Celestial Capital Group — Series A
- Micron Ventures (https://capitalatlas.ai/funds/micron-ventures) — Series A
- Tracker Capital (https://capitalatlas.ai/funds/tracker-capital) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- SK Hynix — Series B
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series B
- Mesh Ventures (https://capitalatlas.ai/funds/mesh-ventures) — Series B
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Series B
- Seligman Investments (https://capitalatlas.ai/funds/seligman-investments) — Series C
- Cisco Systems — Series C
- Lumentum Holdings Inc. — Series C