About Adapteva
Adapteva is a company based in Lexington (United States) founded in 2008.. Adapteva has raised $4.58 million across 3 funding rounds from investors including Ericsson and Viola Group. Adapteva operates in a competitive market with competitors including Cornami, UPMEM, Denglin Technology, Nallatech and Skychips, among others.
- Headquarter Lexington, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.58 M (USD)
in 3 rounds
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Latest Funding Round
$3.6 M (USD), Series B
Dec 31, 2013
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Investors
Ericsson
& 1 more
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Employee Count
Employee Count
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Funding Insights of Adapteva
Adapteva has successfully raised a total of $4.58M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.6 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $3.6M
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First Round
First Round
(02 Nov 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Series B - Adapteva | Valuation | Ericsson , Viola Group |
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| Jun, 2012 | Amount | Debt – Conventional - Adapteva | Valuation |
investors |
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| Nov, 2010 | Amount | Series A - Adapteva | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adapteva
Adapteva has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Ericsson and Viola Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage technology companies globally.
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Founded Year | Domain | Location | |
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Telecom equipment and software solutions are provided for networks.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adapteva
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adapteva
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adapteva Comparisons
Competitors of Adapteva
Adapteva operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cornami, UPMEM, Denglin Technology, Nallatech and Skychips, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered microprocessors are supplied for parallel computing tasks.
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| domain | founded_year | HQ Location |
Processing units are embedded in DRAM for data-intensive applications.
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| domain | founded_year | HQ Location |
High-performance computing processor chips provider
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| domain | founded_year | HQ Location |
FPGA-accelerated solutions for high-performance computing are provided.
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| domain | founded_year | HQ Location |
AI-based chips for data processing and RF modules are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adapteva
Frequently Asked Questions about Adapteva
When was Adapteva founded?
Adapteva was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Adapteva located?
Adapteva is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.
Is Adapteva a funded company?
Adapteva is a funded company, having raised a total of $4.58M across 3 funding rounds to date. The company's 1st funding round was a Series A of $975K, raised on Nov 02, 2010.
What does Adapteva do?
Adapteva was founded in 2008 as a fabless semiconductor company based in Lexington, Massachusetts, United States. Multicore processor chips for parallel computing are developed by the company, with an open-source approach adopted for heterogeneous parallel programming. The Epiphany architecture is offered as an energy-efficient chip solution, while the Parallela supercomputer is provided to enhance accessibility in parallel computing applications within the semiconductor sector.
Who are the top competitors of Adapteva?
Who are Adapteva's investors?
Adapteva has 2 investors. Key investors include Ericsson, and Viola Group.