# Lemurian Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lemurian-labs

- Industry: Hardware
- Headquarters: Santa Clara, US
- Website: www.lemurianlabs.com/
- Total disclosed funding: $37M
- Latest round: Series A (Dec 3, 2025)
- Investors on record: 19

## About

Based in California, US, and founded in 2020, Lemurian Labs, Inc. engages in providing artificial intelligence hardware for computers. The company was co-founded by Jay Dawani (CEO) and Dr. Vassil Dimtrov. In December 2025, Lemurian Labs, Inc. raised USD 28 million in series A funding co-led by new investors Pebblebed and Hexagon, with participation from other new investors Origin Ventures, Blackhorn Ventures, Uncorrelated Ventures, Planetary Impact Ventures, 1Flourish Capital, Animal Capital, and Stepchange. Returning investors Oval Park Capital, Untapped Ventures, and Silicon Catalyst also participated in the round.

The company develops a dynamic AI compiler that simplifies the task of AI development by optimizing hardware utilization. The firm’s product also includes the logarithmic data type, which offers representations of floating-point numbers and enhances efficiency by 10x. In addition, Lemurian's near-memory distributed dataflow architecture simplifies memory management while optimizing data flow for optimal throughput and efficiency. The company also co-designs software for computers using artificial intelligence.

The company generates revenue through enterprise subscriptions/licensing for the software stack and paid support/implementation services for deployment across heterogeneous infrastructure.

The company plans to utilize the December 2025 funding to grow its engineering team, speed up product development, and strengthen partnerships for sustainable compute and open AI innovation.

## Funding rounds

- Series A, Dec 3, 2025, $28M — Origin Ventures, Blackhorn Ventures, Oval Park Capital, Uncorrelated Ventures, Silicon Catalyst, Animal Capital, 1Flourish Capital, Untapped Ventures, Pebblebed, Planetary Impact Ventures, Stepchange
- Seed, Oct 4, 2023, $9M — Raptor Capital Management, Plug and Play, Tola Capital, Alumni Ventures Group, Blue Lake Capital, Good Growth Capital, AI Fund, Oval Park Capital, Silicon Catalyst, Futureland Ventures, Untapped Ventures
- Seed, Mar 8, 2023 — Alumni Ventures Group

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Raptor Capital Management (https://capitalatlas.ai/funds/raptor-capital-management) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Seed
- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Seed
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Seed
- AI Fund (https://capitalatlas.ai/funds/ai-fund) — Seed
- Oval Park Capital (https://capitalatlas.ai/funds/oval-park-capital) — Seed, Series A
- Silicon Catalyst (https://capitalatlas.ai/funds/silicon-catalyst) — Seed, Series A
- Futureland Ventures (https://capitalatlas.ai/funds/futureland-ventures) — Seed
- Untapped Ventures (https://capitalatlas.ai/funds/untapped-ventures) — Seed, Series A
- Origin Ventures (https://capitalatlas.ai/funds/origin-ventures) — Series A
- Blackhorn Ventures (https://capitalatlas.ai/funds/blackhorn-ventures) — Series A
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series A
- Animal Capital (https://capitalatlas.ai/funds/animal-capital) — Series A
- 1Flourish Capital (https://capitalatlas.ai/funds/1flourish-capital) — Series A
- Pebblebed (https://capitalatlas.ai/funds/pebblebed) — Series A
- Planetary Impact Ventures (https://capitalatlas.ai/funds/planetary-impact-ventures) — Series A
- Stepchange (https://capitalatlas.ai/funds/stepchange) — Series A