# Rivos

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.rivosinc.com
- Total disclosed funding: $250M
- Latest round: Series A (Apr 16, 2024)
- Investors on record: 11

## About

Based in California, US, and founded in 2021 by CEO Puneet Kumar, CSO Mark Hayter, and CTO Belli Kuttanna, Rivos Inc., a.k.a. Rivos operates as a hardware and software company that focuses on developing optimized chips combining RISC-V CPUs and a Data Parallel Accelerator, a reference multi-chip OCP modular server, and a full firmware-to-application open software stack. In April 2024, Rivos, Inc. raised USD 250 in a Series A funding led by Matrix Capital Management Company, with participation from Dell Technologies Capital, Koch Disruptive Technologies, VentureTech Alliance, Walden Catalyst, Cambium Capital Partners, China Investment & Development, Capital TEN II, Hotung Investment Holdings, Intel Capital, and MediaTek Ventures.

The company provides a solution encompassing silicon, platform, and software, such as chips combining RISC-V CPUs and a Data Parallel Accelerator (a GPGPU optimized for large language models and data analytics), a reference multi-chip OCP Modular Hardware System (DC-MHS), and a firmware-to-application open software stack for data analytics and generative AI.

Rivos plans to use its proceeds from April 2024 funding to produce its initial silicon product and expand manufacturing operations, platform hardware, software engineering, and support functions to meet growing customer demand.

## Funding rounds

- Series A, Apr 16, 2024, $250M — Walden Catalyst, Intel Capital, China Investment and Development Company, VentureTech Alliance, Hotung Investment Holdings, MediaTek Ventures, Capital TEN II, Dell Technologies Capital, Koch Disruptive Technologies, Cambium Capital, Matrix Capital Management Company

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- China Investment and Development Company (https://capitalatlas.ai/funds/china-investment-and-development-company) — Series A
- VentureTech Alliance (https://capitalatlas.ai/funds/venturetech-alliance) — Series A
- Hotung Investment Holdings (https://capitalatlas.ai/funds/hotung-investment-holdings) — Series A
- MediaTek Ventures (https://capitalatlas.ai/funds/mediatek-ventures) — Series A
- Capital TEN II — Series A
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series A
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series A
- Cambium Capital (https://capitalatlas.ai/funds/cambium-capital) — Series A
- Matrix Capital Management Company — Series A