About Ethernovia
Ethernovia is a company based in San Jose (United States) founded in 2018 by Darren Engelkemier, Roy Myers, Hossein Sedarat, and Ramin Shirani.. Ethernovia has raised $154 million across 2 funding rounds from investors including AMD, Western Digital and Enea. The company has 15 employees as of April 09, 2024. Ethernovia offers products and services including Automotive Ethernet PHYs and Automotive Ethernet Switches. Ethernovia operates in a competitive market with competitors including Valens, Hughes Telematics, Excelfore, Transatel and Intrepid Control Systems, among others.
- Headquarter San Jose, United States
- Employees 15 as on 09 Apr, 2024
- Founders Darren Engelkemier, Roy Myers, Hossein Sedarat, Ramin Shirani
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ethernovia India Private Limited
- Date of Incorporation 28 Jun, 2022
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$154 M (USD)
in 2 rounds
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Latest Funding Round
$90 M (USD), Series B
Jan 20, 2026
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Investors
AMD
& 10 more
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Employee Count
15
as on Apr 09, 2024
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Products & Services of Ethernovia
Ethernovia offers a comprehensive portfolio of products and services, including Automotive Ethernet PHYs and Automotive Ethernet Switches. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables high-speed data transfer in vehicle networks for ADAS applications.
Facilitates ECU consolidation and bandwidth management in automotive systems.
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Funding Insights of Ethernovia
Ethernovia has successfully raised a total of $154M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $90 million completed in January 2026. 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 2
- Last Round Series B — $90.0M
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First Round
First Round
(15 May 2023)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series B - Ethernovia | Valuation | Maverick Silicon | |
| May, 2023 | Amount | Series A - Ethernovia | Valuation |
investors |
| 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 Ethernovia
Ethernovia has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include AMD, Western Digital and Enea. 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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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Investments are directed toward early to mid-stage semiconductor companies.
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Founded Year | Domain | Location | |
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VC firm that does early stage investments in the US
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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 Ethernovia
| 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 - Ethernovia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ethernovia Comparisons
Competitors of Ethernovia
Ethernovia 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 Valens, Hughes Telematics, Excelfore, Transatel and Intrepid Control Systems, 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 |
Provider of communication ICs for HD connectivity
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| domain | founded_year | HQ Location |
Suite of information-based and wireless services for vehicles is developed.
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| domain | founded_year | HQ Location |
Cloud-enabled middleware solutions for automotive networks are provided.
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| domain | founded_year | HQ Location |
MVNO and MVNE solutions are provided across Europe.
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| domain | founded_year | HQ Location |
Provider of vehicle networking, autonomy & embedded solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Ethernovia
Frequently Asked Questions about Ethernovia
When was Ethernovia founded?
Ethernovia was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Ethernovia located?
Ethernovia is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Ethernovia?
Ramin Shirani is the current CEO of Ethernovia. They have also founded this company.
Is Ethernovia a funded company?
Ethernovia is a funded company, having raised a total of $154M across 2 funding rounds to date. The company's 1st funding round was a Series A of $64M, raised on May 15, 2023.
How many employees does Ethernovia have?
As of Apr 09, 2024, the latest employee count at Ethernovia is 15.
What does Ethernovia do?
Ethernovia was founded in 2018 and is based in San Jose, United States. Middleware solutions for in-vehicle networks are offered to original equipment manufacturers in the automotive sector. These solutions support advanced driver-assistance systems, engine control unit consolidation, high-performance computing, and vehicle data networks. Operations focus on enabling efficient connectivity and processing within vehicles.
Who are the top competitors of Ethernovia?
Ethernovia's top competitors include Valens, Transatel and Hughes Telematics.
What products or services does Ethernovia offer?
Ethernovia offers Automotive Ethernet PHYs and Automotive Ethernet Switches.
Who are Ethernovia's investors?
Ethernovia has 11 investors. Key investors include AMD, Western Digital, Enea, Porsche Se, and Qualcomm Ventures.
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