Back to Startups

Speedata

About Speedata

Speedata is an Israeli chip startup competing with Nvidia, focused on developing analytics processing units (APUs) designed to accelerate big data and AI workloads.

Business Information
Target Customers
enterprises data scientists AI developers
Industry Categories
Hardware & Electronics Data, Analytics, Data Science AI, ML, Gen AI
Business Model
Revenue Model Hardware sales
Pricing Strategy Custom pricing based on deployment
Sales Channels direct sales, partnerships with cloud providers
Funding Timeline
Round Date Amount Investors
Series B Jun 03, 2025 $44.0M Walden Catalyst Ventures
Founders
A
Adi Gelvan

Co-Founder & CEO

Investors
W
Recent Mentions
oxhak
Ox HaK @oxhak
Jun 03, 2025

Speedata, an Israeli chip startup competing with Nvidia, has raised $44M in Series B funding for its analytics processing unit designed to accelerate big data and AI workloads, bringing its total funding to $114M.

TradedVC
Traded: Venture Capital @TradedVC
Jun 04, 2025

Speedata, a Tel Aviv-based chip startup founded in 2019 by a team of six researchers, including CEO Adi Gelvan, has raised a $44 million Series B round led by existing investors like Walden Catalyst Ventures, ... https://t.co/r0f5ciPhoa

audiumcp
audium capital partners @audiumcp
Jun 05, 2025

Speedata raises $44m in Series B funding round https://t.co/Q1p67yrv7a