About Numascale
Numascale is a Technology company based in Oslo (Norway) founded in 2008. Turnkey systems for the Big Data Analytics market. Numascale has raised $8.43 million across 3 funding rounds from investors including Equinor, European Union and Investinor. Its Indian entity Numascale India Private Limited reported revenue of ₹1.50 Cr. The company has since been acquired. Numascale offers products and services including Interconnect Hardware, IP Library, and Scale-Up Systems. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, ASIC and Enterprise Servers.
Company details
Numascale was founded in 2008 in Oslo, Norway, focusing on the Big Data Analytics sector. Turnkey systems are provided by combining open-source software with a unique shared memory architecture. Scalable server systems are enabled through NumaConnect technology, which incorporates a node controller and multidimensional fabric interconnect. High-volume server boards are utilized as building blocks, supporting virtualization of processing, memory, and IO resources while reducing costs compared to traditional enterprise systems.
- Headquarters Oslo, Norway
- Stage Acquired
- SectorsTechnology
- Website numascale.com
- Social LinkedIn X Facebook
- Legal Name Numascale India Private Limited
- Date of Incorporation 06 Jun, 2018
- Jurisdiction Ahmedabad, Gujarat, India
- Indian entity revenue₹1.50 Cr
FY 2020 · +206% YoY
- Indian entity net profit₹2.6 Lakh
FY 2020 · 2% margin
- Indian entity EBITDA₹4.4 Lakh
FY 2020 · 3% margin
- Total Equity Funding$8.43M (USD)
in 3 rounds
- Latest Funding Round$752.96K (USD), Grant
Jan 2017
- InvestorsEquinor
& 3 more
Associated legal entities of Numascale
Numascale operates through Numascale India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Numascale India Private Limited CIN U74999GJ2018FTC102704 | Active | 06 Jun 2018 | Ahmedabad, Gujarat | ₹1.5 Cr | 2 | View details |
Products & Services of Numascale
Numascale offers a comprehensive portfolio of products and services, including Interconnect Hardware, IP Library, and Scale-Up Systems.
Optimizes performance in datacenter servers for scale-up and scale-out systems.
Provides intellectual property for technology development and partnerships.
Enhances server resource utilization and reduces memory inefficiencies.
Funding Insights of Numascale
Numascale has successfully raised a total of $8.43M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $752.96 thousand completed in January 2017. 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 $8.43M
- Total Rounds 3
- Last Round Grant — $752,963
- First Round $4.98M
(Sep 2009)
- Investors Count 4
All 3 funding rounds of Numascale with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $752,963 | Grant | – | – | |
| Jul 2012 | $3.46M | Series A | – | Equinor | |
| Sep 2009 | $4.98M | Series A | – | ProVenture, Investinor | – |
4 investors in total: 4 institutional.
Investors in Numascale
Numascale has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Equinor, European Union and Investinor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| investinor.no | ||||
Early-stage tech and energy investments are made primarily in Norway. | proventure.no | Trondheim, Norway | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Petroleum, natural gas, petrochemicals, and electrical power are produced globally. | 1972 | equinor.com | Stavanger, Norway |
Investor details for Numascale
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Numascale India Private Limited (Numascale)
Numascale India Private Limited is the primary company behind Numascale. The board of Numascale India Private Limited currently have 2 directors; the longest-serving is Vrajeshkumar Ramanlal Bhavsar, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vrajeshkumar Ramanlal Bhavsar DIN 08151044 | Director | 06 Jun 2018 | 8 yrs 4 mo | Numascale India Private Limited |
| Yash Amitbhai Vora DIN 09654591 | Director | 01 Jun 2022 | 4 yrs 5 mo | Numascale India Private Limited |
Financials of Numascale
Figures of Numascale India Private Limited, the primary company behind Numascale, for FY 2020. Revenue was ₹1.50 Cr (+206% year on year). Net profit was ₹2.6 Lakh (2% margin). EBITDA was ₹4.4 Lakh (3% margin).
- ₹1.50 CrRevenue · FY 2020 · +206% YoY
- ₹2.6 LakhNet profit · 2% margin
- ₹4.4 LakhEBITDA · 3% margin
- ₹21 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Numascale India Private Limited are on its company page.
Detailed financial statements for Numascale
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Numascale
3 dated milestones of Numascale across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Numascale is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Grant, of $753K.
Web traffic of Numascale
The website of Numascale (numascale.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 39.6% vs previous month
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Frequently Asked Questions about Numascale
Numascale was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Numascale is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Numascale is a funded company, having raised a total of $8.43M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.98M, raised on Sep 2009.
The primary company behind Numascale, Numascale India Private Limited, reported revenue of ₹1.50 Cr for FY 2020, up 206% year on year.
Numascale was founded in 2008 in Oslo, Norway, focusing on the Big Data Analytics sector. Turnkey systems are provided by combining open-source software with a unique shared memory architecture. Scalable server systems are enabled through NumaConnect technology, which incorporates a node controller and multidimensional fabric interconnect. High-volume server boards are utilized as building blocks, supporting virtualization of processing, memory, and IO resources while reducing costs compared to traditional enterprise systems.
Numascale offers Interconnect Hardware, IP Library, and Scale-Up Systems.
Numascale has 4 investors. Key investors include Equinor, European Union, Investinor, and ProVenture.
Numascale operates through Numascale India Private Limited.
The legal entities of Numascale currently have 2 directors, including Vrajeshkumar Ramanlal Bhavsar, Yash Amitbhai Vora.