# Rapid Silicon US

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rapid-silicon-us

- Industry: Electronics
- Headquarters: Los Gatos, US
- Website: www.rapidsilicon.com
- Total disclosed funding: $45M
- Latest round: Series A (Jan 9, 2023)
- Investors on record: 2

## About

Based in the US, Rapid Silicon US, Inc. is a semiconductor company specializing in domain-specific Field-Programmable Gate Arrays (FPGAs) that cater to various industries, enhancing technology deployment.Founded in 2021 and headquartered in Los Gatos, California, Rapid Silicon US, Inc. focuses on the development of advanced FPGA solutions. The company has engaged in two funding deals to date, with its latest funding round being a Series A amounting to USD 30.00 mn raised on January 9, 2023, primarily from Cambium Capital Partners. The firm was established with the intent to address the growing technological demands across multiple sectors, but specific details on its founders or any previous ventures are not disclosed.Rapid Silicon specializes in domain-specific Field-Programmable Gate Arrays (FPGAs) designed to meet the evolving technological demands in various industries, particularly in telecommunications, industrial applications, automotive, and data processing. Their flagship product, the Gemini FPGA, is engineered to deliver high bandwidth, low latency, and rapid time-to-market advantages, addressing specific challenges in the deployment of 5G technology and infrastructure. The company’s solutions are utilized for data transmission, protocol bridging, and packet processing, making them suitable for applications such as remote radio heads, base stations, and industrial automation. Rapid Silicon serves a diverse client base that includes telecom operators, industrial firms, automotive manufacturers, and enterprises in multiple geographical markets, including North America, Europe, and Asia, reflecting their broad international reach in the semiconductor sector.Rapid Silicon’s revenue generation model centers around direct sales and partnerships with clients in various sectors. The company engages in business-to-business transactions, providing tailored FPGA solutions to telecommunications companies, automotive suppliers, and industrial manufacturers. Revenue is derived from the sale of its FPGA products, such as the Gemini series, with potential pricing structures designed to accommodate both one-time purchases and ongoing support services. Transactions typically involve customized agreements based on the specific needs of clients, facilitating scalable deployments in their respective operational environments. Rapid Silicon’s offerings are strategically positioned to cater to the increasing demand for high-performance computing and data processing technologies across its target markets.In January 2023, Rapid Silicon US, Inc. raised USD 30.00 mn in Series A funding from Cambium Capital Partners and other unspecified investors. The company plans to utilize these funds to further develop its product offerings. There are upcoming developments for new FPGA designs aimed at enhancing their capabilities in key sectors. Additionally, Rapid Silicon is targeting expansion into new geographical markets, particularly in Europe and Asia, to increase its international footprint by late 2024.

## Funding rounds

- Series A, Jan 9, 2023, $30M — Cambium Capital
- Seed, Oct 26, 2021, $15M — Chengwei Capital, Cambium Capital

## Investors

- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Seed
- Cambium Capital (https://capitalatlas.ai/funds/cambium-capital) — Seed, Series A
