Series A Round

Rivos, a RISC-V accelerated platform company, has raised $250 million in Series A funding to develop its first server chip aimed at artificial intelligence applications. The funding will support the production of high-performance, power-efficient, and secure server solutions targeting data analytics and generative AI markets. This investment positions Rivos to compete in the rapidly evolving AI hardware landscape, focusing on delivering innovative solutions that meet the demands of modern data centers. The funding round was oversubscribed, indicating strong investor confidence in Rivos' vision and technology. The company aims to leverage RISC-V architecture to create scalable and efficient computing solutions that cater to the growing needs of AI-driven applications.