# NeuReality

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

- Industry: Semiconductors
- Headquarters: Caesarea, Israel
- Website: www.neureality.ai
- Total disclosed funding: $83M
- Latest round: Series B (Mar 19, 2024)
- Investors on record: 12

## About

Founded in 2019 and based in Caesarea, Israel, NeuReality Ltd. operates as a semiconductor company that develops artificial intelligence (AI) hardware for cloud data centers and edge nodes. In March 2024, NeuReality Ltd. raised USD 20 million in series B funding led by investors European Innovation Council and Alumni Ventures Group along with the participation of Varana Capital, Cleveland Avenue, XT Hi-Tech, etc. The firm, as of July 2024, has offices in Caesarea and Tel Aviv, Israel, Kraków, Poland, and California, US, and is led by its co-founders Moshe Tanach (CEO), Tzvika Shmueli (VP Operations), and Yossi Kasus (VP VLSI).

NeuReality Ltd. provides an AI-centric server chip processor for AI inference that enables customers to scale the machine learning utilization while reducing costs and energy consumption, and shrinking the infrastructure footprint. The company's AI infrastructure solutions are dedicated to simplifying and accelerating AI deployment across industries. Its flagship product is NR1™ AI Inference Solution an architecture that integrates hardware and software to optimize AI workflows. Additionally, NeuReality offers  NR1 Network Addressable Processing Unit (NAPU™) and accompanying software tools to streamline AI inference tasks, reducing reliance on traditional CPUs and enhancing scalability while minimizing energy consumption and data center footprint.

The firm plans to utilize the March 2024 funding to accelerate the rollout of its NR1TM AI Inference Solution to additional clients and users.

## Funding rounds

- Series B, Mar 19, 2024, $20M — Alumni Ventures Group, OurCrowd, Glory Ventures, Cleveland Avenue, Cardumen Capital, XT Hi-Tech, European Innovation Council, Varana Capital
- Series A, Dec 6, 2022, $35M — Samsung Venture Investment, SK Hynix, OurCrowd, Glory Ventures, Cleveland Avenue, Cardumen Capital, XT Hi-Tech, Stonebridge, Varana Capital, Korean Investment Partners
- Series A, Jun 20, 2022 — Samsung Venture Investment, OurCrowd, Cardumen Capital, Varana Capital
- Series A, Apr 29, 2022, $20M — Cardumen Capital, Varana Capital
- Seed, Feb 10, 2021, $8M — OurCrowd, Cardumen Capital, Varana Capital

## Investors

- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Seed, Series A, Series B
- Cardumen Capital (https://capitalatlas.ai/funds/cardumen-capital) — Seed, Series A, Series B
- Varana Capital (https://capitalatlas.ai/funds/varana-capital) — Seed, Series A, Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A
- SK Hynix — Series A
- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Series A, Series B
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Series A, Series B
- XT Hi-Tech (https://capitalatlas.ai/funds/xt-hi-tech) — Series A, Series B
- Stonebridge (https://capitalatlas.ai/funds/stonebridge) — Series A
- Korean Investment Partners — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series B