SiFive raises $400 million from Atreides, Nvidia for data-center chip technology
The startup said the round values it at $3.65 billion and may be its last before a public offering.
- On Thursday, Silicon Valley startup SiFive raised $400 million in funding from Nvidia, Atreides Management, and others to develop data-center processor chips, bringing the company's valuation to $3.65 billion.
- CEO Patrick Little cited 'uncertainty about where their tried-and-true suppliers are going' as customers explore open chip architectures; RISC-V has matured to become a viable alternative.
- The data-center market is heating up, with Arm Holdings, Nvidia, and Intel seeing massive demand; Arm's recent shift to selling its own chips creates an opening for SiFive's customizable blueprints.
- Little expects this to be SiFive's final funding round before a public offering, though he did not specify timing. SiFive sells blueprints that companies like Google customize for internal chip designs.
- SiFive is "going after the highest brass ring in the data center," Little said, positioning the company to capitalize on supply-chain concerns driving customers toward flexible, open-standard architectures.
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SiFive raises $400m Series G at $3.65bn valuation in final round before IPO
In short: SiFive, the RISC-V chip IP firm founded by the Berkeley engineers who created the open-source instruction set architecture, raised $400 million in an oversubscribed Series G on April 9, 2026, at a valuation of $3.65 billion. The round was led by Atreides Management and backed by Nvidia, Apollo Global Management, D1 Capital Partners, Point72 […] This story continues at The Next Web
SiFive raises $400M from Nvidia to challenge Arm in booming data center chip market - Tech Startups
Silicon Valley has a new contender in one of the most lucrative battles in tech. SiFive has raised $400 million from a heavyweight group of investors led by Atreides Management and backed by Nvidia, setting the stage for a direct […] The post SiFive raises $400M from Nvidia to challenge Arm in booming data center chip market first appeared on Tech Startups.
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