InAccel

Wilmington, United States Founded: 2018 • Age: 8 yrs
Provider of cloud based Accelerators-as-a-Service
Annual revenue - Latest available
Total funding $600,000 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
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  • Phone
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $600 K (USD)

    in 2 rounds

  • Latest Funding Round
    $284.68 K (USD), Grant

    Jan 01, 2020

  • Investors
  • Employee Count
    Not available
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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.

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Primary

Provides ready-to-use FPGA IP for machine learning applications.

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Manages and versions FPGA binaries for deployment.

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Handles distributed acceleration of data across FPGA clusters.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for InAccel

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Investments & Acquisitions by InAccel

Investments
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Investment portfolio details for InAccel

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Financial Statements - InAccel

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Detailed financials for InAccel

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Inaccel Comparisons

InAccel Primary company
Description
Provider of cloud based Accelerators-as-a-Service
Location
Wilmington, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for InAccel

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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.

Company Name Domain Founded year HQ Location Description
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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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Detailed competitors of InAccel

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Latest news on Inaccel

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Complete news archive for InAccel

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Frequently Asked Questions about InAccel

InAccel was founded in 2018.

InAccel is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Christoforos Kachris is the current CEO of InAccel. They have also founded this company.

InAccel is a funded company, having raised a total of $600K across 2 funding rounds to date.

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.

InAccel's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.

InAccel offers IP Cores, Bitstream Repository, Coral Resource Manager, and Coral Monitor.

InAccel has 2 investors. Key investors include European Union, and Marathon Venture Capital.

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