About Innatera
Innatera is a company based in Delft (Netherlands) founded in 2018 by Uma Mahesh and Sumeet Kumar.. Innatera has raised $43.26 million across 4 funding rounds from investors including Invest-NL, EIC Fund and Matterwave Ventures. The company has 4 employees as of March 21, 2024. Innatera offers products and services including Spiking Neural Processor T1 and Talamo SDK. Innatera operates in a competitive market with competitors including Kneron, MediaTek, Hailo, Lightelligence and GrAI Matter Labs, among others.
- Headquarter Delft, Netherlands
- Employees 4 as on 21 Mar, 2024
- Founders Uma Mahesh, Sumeet Kumar
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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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- Legal Name Innatera Nanosystems India Private Limited
- Date of Incorporation 27 Jul, 2021
- Jurisdiction Bangalore, Karnataka, 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
$43.26 M (USD)
in 4 rounds
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Latest Funding Round
$21 M (USD), Series A
Jun 27, 2024
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Investors
Invest-NL
& 6 more
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Employee Count
4
as on Mar 21, 2024
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Products & Services of Innatera
Innatera offers a comprehensive portfolio of products and services, including Spiking Neural Processor T1 and Talamo SDK. 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.
Ultra-efficient chip for brain-inspired sensor data processing
Toolkit for building spiking neural network applications
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Funding Insights of Innatera
Innatera has successfully raised a total of $43.26M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $21 million completed in June 2024. 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 4
- Last Round Series A — $21.0M
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First Round
First Round
(25 Nov 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Innatera | Valuation | Invest-NL , Innavest | |
| Mar, 2024 | Amount | Series A - Innatera | Valuation | Matterwave Ventures , Delft Enterprises | |
| Mar, 2023 | Amount | Grant - Innatera | 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 Innatera
Innatera has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Invest-NL, EIC Fund and Matterwave Ventures. 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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Infrastructure and venture capital funding is provided in key sectors.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Matterwave Ventures is focused on funding early-stage industrial tech companies.
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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 Innatera
| 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 - Innatera
| 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 |
Innatera Comparisons
Competitors of Innatera
Innatera 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 Kneron, MediaTek, Hailo, Lightelligence and GrAI Matter Labs, 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 |
Hardware and software solutions for edge AI applications are provided.
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| domain | founded_year | HQ Location |
Provider of AI-based neural processing unit chipsets
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| domain | founded_year | HQ Location |
Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Optical chips and software solutions for AI computing are developed.
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| domain | founded_year | HQ Location |
Programmable processors for neuromorphic computing are provided.
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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 Innatera
Frequently Asked Questions about Innatera
When was Innatera founded?
Innatera was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Innatera located?
Innatera is headquartered in Delft, Netherlands. It is registered at Delft, South Holland, Netherlands.
Who is the current CEO of Innatera?
Sumeet Kumar is the current CEO of Innatera. They have also founded this company.
Is Innatera a funded company?
Innatera is a funded company, having raised a total of $43.26M across 4 funding rounds to date. The company's 1st funding round was a Grant of $16.58M, raised on Nov 25, 2020.
How many employees does Innatera have?
As of Mar 21, 2024, the latest employee count at Innatera is 4.
What does Innatera do?
Innatera was founded in 2018 in Delft, Netherlands, where neuromorphic microprocessors are developed for the semiconductor and AI hardware sector. These processors utilize spiking neural networks to encode voltage spikes and sensor data, enabling cognitive functions that replicate brain-like processing. Operations focus on integrating such technology for efficient, low-power computing applications in edge devices and sensors.
Who are the top competitors of Innatera?
What products or services does Innatera offer?
Innatera offers Spiking Neural Processor T1 and Talamo SDK.
Who are Innatera's investors?
Innatera has 7 investors. Key investors include Invest-NL, EIC Fund, Matterwave Ventures, Delft Enterprises, and MIG Capital.
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