About InAccel
InAccel is a company based in Wilmington (United States) founded in 2018 by Elias Koromilas and Christoforos Kachris.. InAccel has raised $600 thousand across 2 funding rounds from investors including European Union and Marathon Venture Capital. InAccel offers products and services including IP Cores, Bitstream Repository, Coral Resource Manager, and Coral Monitor. InAccel operates in a competitive market with competitors including Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.
- Headquarter Wilmington, United States
- Founders Elias Koromilas, Christoforos Kachris
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Sectors
Technology
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Email
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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
$600 K (USD)
in 2 rounds
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Latest Funding Round
$284.68 K (USD), Grant
Jan 01, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of InAccel
InAccel offers a comprehensive portfolio of products and services, including IP Cores, Bitstream Repository, Coral Resource Manager, and Coral Monitor. 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.
Provides ready-to-use FPGA IP for machine learning applications.
Manages and versions FPGA binaries for deployment.
Handles distributed acceleration of data across FPGA clusters.
Offers real-time monitoring of FPGA resources and performance.
Funding Insights of InAccel
InAccel has successfully raised a total of $600K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $284.68 thousand completed in January 2020. 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 Grant — $284,681
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First Round
First Round
(05 Jul 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Grant - InAccel | Valuation |
investors |
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| Jul, 2018 | Amount | Seed - InAccel | Valuation | Marathon Venture Capital |
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| 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 |
Investors in InAccel
InAccel has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Marathon Venture Capital. 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 funding is provided to early-stage startups.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 InAccel
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - InAccel
| 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 |
Inaccel Comparisons
Competitors of InAccel
InAccel 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 Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, 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 |
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| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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Semiconductor solutions are provided for cellular and connectivity markets.
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Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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3D-stacked photonic chips for AI computing are developed.
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AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI and cloud-based vision processing units for video analytics applications
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Inaccel
Frequently Asked Questions about InAccel
When was InAccel founded?
InAccel was founded in 2018.
Where is InAccel located?
InAccel is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of InAccel?
Christoforos Kachris is the current CEO of InAccel. They have also founded this company.
Is InAccel a funded company?
InAccel is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jul 05, 2018.
What does InAccel do?
InAccel provides cloud-based Accelerators-as-a-Service. It develops and manufactures FPGA engines as hardware accelerators for AI applications. Product portfolio includes hardware accelerators for machine learning algorithms, data processing (encryption, compression, hashing), and IP blocks for algorithms such as Binomial, Black77, and BlackScholes. It is compatible with Amazon AWS and is claimed to provide up to 2x-10x speedup. The hardware also supports multiple APIs and interfaces including Apache Spark, C, Java, Python, and Scala. The company holds independent IP cores for its products. Partners include Xilinx Alliance Program and Amazon AWS.
Who are the top competitors of InAccel?
InAccel's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.
What products or services does InAccel offer?
InAccel offers IP Cores, Bitstream Repository, Coral Resource Manager, and Coral Monitor.
Who are InAccel's investors?
InAccel has 2 investors. Key investors include European Union, and Marathon Venture Capital.