Atreides Management

Enfabrica, which builds networking hardware to drive AI workloads, raises $125M

Enfabrica, a company building networking chips designed to handle AI and machine learning workloads, today announced that it raised $125 million in a Series B funding round that values the company at

AI chip startup Mythic rises from the ashes with $13M, new CEO

Mythic, an AI chip startup that last November reportedly ran out of capital, rose from the ashes today with an unexpected injection of fresh funds. Mythic this morning announced that it closed a $13 m

DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

Internet usage continues to skyrocket, with 29.3 billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. Today, an enterprise startup called DriveNets tha

Lightbits Labs lands $42M to speed up server data transfers

Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limi

AgentSync raises $75M for its insurance-focused API business

AgentSync this morning announced that it has closed a $75 million Series B, pushing its valuation to $1.2 billion. The new unicorn has been on a rapid-fire fundraising clip since TechCrunch first spok

Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications

As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learn

Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service

Gopuff said it plans to use the funding to continue expanding in North America, the U.K. and Europe, among other things.