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§ Private Profile · Tel Aviv, Israel
NextSilicon is a technology company.
NextSilicon develops the Maverick-2 Intelligent Compute Architecture (ICA), a dataflow accelerator dynamically adapting hardware to software in real-time. It delivers significant performance for high-performance computing (HPC), AI, and vector database applications without code rewrites. Its innovation blends intelligent software-defined hardware with dynamic optimization, surpassing CPU and GPU limitations.
Founded in 2017 by Elad Raz, Eyal Nagar, and Ilan Tayari, Elad Raz, a serial entrepreneur and software engineer, leads as CEO. Observing conventional computing inefficiencies for complex workloads, they developed an architecture where hardware intelligently reconfigures, optimizing efficiency and flexibility for evolving software demands.
NextSilicon’s solutions serve industries needing massive parallel processing, including energy, fintech, life sciences, and advanced analytics, highlighted by its Sandia National Laboratories partnership. The company aims to redefine efficient, scalable performance for demanding workloads, offering adaptable, future-proofed acceleration that eliminates cumbersome application porting.
NextSilicon has raised $506.0M across 5 funding rounds.
NextSilicon has raised $506.0M in total across 5 funding rounds.
NextSilicon has raised $506.0M in total across 5 funding rounds.
NextSilicon's investors include General Catalyst, Hustle Fund, Lerer Hippeau, Phenomen Ventures, Spark Capital, Sahin Boydas, Tom Chapman, Accel, Aleph VC, Better Tomorrow Ventures, FundersClub, Insight Partners.
NextSilicon has raised $506.0M across 5 funding rounds. Most recently, it raised $303.0M Series C in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 30, 2024 | $303M Series C | — | — | Announced |
| Jun 1, 2021 | $120M Series C | — | General Catalyst, Hustle Fund, Lerer Hippeau, Phenomen Ventures, Spark Capital, Sahin Boydas, TOM Chapman | Announced |
| Oct 1, 2020 | $51M Series B | — | Accel, Aleph VC, Better Tomorrow Ventures, FundersClub, Insight Partners, INT3, Playground Global, Symbol VC, Twenty Seven Ventures, Aviad Harell, GIL Shai, Ofir Ehrlich, Tomer BAR Zeev, Yair Weinberger | Announced |
| Jul 1, 2019 | $27M Series A | — | Accel, Aleph VC, Better Tomorrow Ventures, FundersClub, Insight Partners, INT3, Playground Global, Symbol VC, Twenty Seven Ventures, Aviad Harell, GIL Shai, Ofir Ehrlich, Tomer BAR Zeev, Yair Weinberger | Announced |
| Dec 1, 2017 | $5M Seed | — | Aleph VC, INT3, Symbol VC, Aviad Harell, GIL Shai, Ofir Ehrlich, Tomer BAR Zeev, Yair Weinberger | Announced |
NextSilicon is a deep tech company developing software-defined hardware acceleration for high-performance computing (HPC), AI, and vector database applications. Its flagship product, the Maverick-2 Intelligent Compute Accelerator (ICA), uses 5nm process technology, HBM3E memory, and real-time optimization to adapt hardware dynamically to workloads, enabling existing code to run faster without rewrites, recompilation, or vendor lock-in.[1][2][3][5] The company serves scientific research, national security, and advanced computing sectors—such as partnerships with Sandia National Laboratories for nuclear security simulations—solving bottlenecks in HPC by prioritizing adaptability over fixed-function accelerators.[2][3][5] Founded in 2017 (with some sources noting 2018), it has scaled to over 300 employees, raised more than $300 million from top investors, and achieved early traction through U.S. national lab integrations.[1][4][5]
NextSilicon was founded in 2017 in Givatayim, Israel, by Elad Raz, a serial entrepreneur with expertise in compute architectures, who serves as CEO.[1][2] The idea emerged from a mission to challenge foundational computing paradigms, addressing how technological constraints hinder scientific breakthroughs—like cancer therapies, dark matter research, and cosmic exploration.[2] Early pivotal moments include developing the Maverick-2 ICA as a "first-of-its-kind" software-defined approach and securing a 2023 partnership with Sandia National Laboratories (alongside Lawrence Livermore and Los Alamos) for the Vanguard program's Advanced Architecture Prototype System, evaluating its viability for U.S. National Nuclear Security Administration simulations.[5] This collaboration marked rapid validation in high-stakes national security HPC.[1][5]
NextSilicon rides the AI/HPC acceleration wave, where exploding demands for deep learning, simulations, and real-time analytics strain fixed GPUs/CPUs amid energy constraints.[1][2] Its timing aligns with 5nm advancements and U.S. national security pushes for domestic compute sovereignty, as seen in Sandia Vanguard integration for NNSA's simulation needs.[5] Market forces like rising AI model complexity and sustainability mandates favor its adaptive, power-efficient model over rigid competitors (e.g., Cerebras, Groq).[1] By enabling "time-to-science" without porting, it influences the ecosystem, empowering labs/researchers and potentially accelerating discoveries in drug development, astrophysics, and security.[2][3]
NextSilicon's Maverick-2 positions it to capture share in the $100B+ HPC/AI accelerator market, with expansions into CUDA/ROCm support and broader AI frameworks accelerating adoption.[3][5] Trends like agentic AI, exascale simulations, and edge-to-cloud hybrid computing will amplify its intelligent architecture, especially as national labs scale prototypes to production.[5] Its influence may evolve from niche innovator to ecosystem enabler, licensing tech or powering sovereign supercomputers—ultimately freeing scientists from compute limits to drive humanity's next breakthroughs, redefining acceleration as truly intelligent.[2]