# Top 50 Semiconductors Startups in the United States by Funding (2026)

> The 50 best-funded semiconductors startups in the United States, ranked by total funding raised: $27B combined.

Source: https://millionrounds.com/top-lists/semiconductors-startups-united-states (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Groq** Groq, Inc.](https://millionrounds.com/company/groq) Groq, Inc. *Founded* 2016 Palo Alto, United States **$3.2B** last round Sept 2026
- 2 [**Tenstorrent** Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms.](https://millionrounds.com/company/tenstorrent) Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms. *Founded* 2016 North York, United States **$3.0B** last round Oct 2026
- 3 [**Cerebras Systems** Cerebras Systems develops computing chips with the sole purpose of accelerating AI.](https://millionrounds.com/company/cerebras-systems) Cerebras Systems develops computing chips with the sole purpose of accelerating AI. *Founded* 2016 Sunnyvale, United States **$3.0B** last round Apr 2026
- 4 [**Solyndra** Solyndra is a solar technology company based in Fremont, California.](https://millionrounds.com/company/solyndra) Solyndra is a solar technology company based in Fremont, California. *Founded* 2005 Fremont, United States **$1.8B** last round Jun 2011
- 5 [**Atoms**](https://millionrounds.com/company/atoms) *Founded* - United States **$1.7B** last round Jul 2026
- 6 [**Etched** Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference.](https://millionrounds.com/company/etched) Etched is a technology company that has developed Sohu, the world’s first specialized chip (ASIC) designed specifically for transformer inference. *Founded* 2022 San Jose, United States **$1.0B** last round Aug 2026
- 7 [**Unconventional, Inc.**](https://millionrounds.com/company/unconventional-inc) *Founded* - United States **$1.0B** last round Oct 2025
- 8 [**Ayar Labs** Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions.](https://millionrounds.com/company/ayar-labs) Ayar Labs is a semiconductor company focused on transforming AI infrastructure through high-speed, light-based optical I/O solutions. *Founded* 2015 San Jose, United States **$904M** last round Oct 2026
- 9 [**Positron AI** Positron AI is a semiconductor and AI infrastructure company based in Reno, Nevada, founded in 2023.](https://millionrounds.com/company/positron-ai) Positron AI is a semiconductor and AI infrastructure company based in Reno, Nevada, founded in 2023. *Founded* 2023 Reno, United States **$875M** last round Sept 2026
- 10 [**Positron**](https://millionrounds.com/company/positron) *Founded* - United States **$732M** last round Sept 2026
- 11 [**Lumilens** Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconnect solutions.](https://millionrounds.com/company/lumilens) Lumilens addresses the red hot market for AI data center infrastructure by designing, manufacturing and selling photonic interconnect solutions. *Founded* 2024 San Jose, United States **$709M** last round Aug 2026
- 12 [**SiFive** SiFive is a platform offering open-source semiconductor technology and software automation.](https://millionrounds.com/company/sifive) SiFive is a platform offering open-source semiconductor technology and software automation. *Founded* 2015 San Mateo, United States **$700M** last round Apr 2026
- 13 [**MatX** MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models.](https://millionrounds.com/company/matx) MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models. *Founded* 2022 Mountain View, United States **$580M** last round Feb 2026
- 14 [**SambaNova** SambaNova Systems is an innovative artificial intelligence company based in Palo Alto, California, founded in November 2017.](https://millionrounds.com/company/sambanova) SambaNova Systems is an innovative artificial intelligence company based in Palo Alto, California, founded in November 2017. *Founded* 2017 Palo Alto, United States **$556M** last round Feb 2026
- 15 [**Etched AI** Etch believes in improving people's lives through the power of mobile technology.](https://millionrounds.com/company/etched-ai) Etch believes in improving people's lives through the power of mobile technology. *Founded* 2011 San Jose, United States **$500M** last round Jan 2026
- 16 [**Lightmatter** Lightmatter is a Boston-based optical computing company founded in 2017 by MIT researchers.](https://millionrounds.com/company/lightmatter) Lightmatter is a Boston-based optical computing company founded in 2017 by MIT researchers. *Founded* 2017 Mountain View, United States **$433M** last round Oct 2024
- 17 [**Upscale AI**](https://millionrounds.com/company/upscale-ai) *Founded* - United States **$390M** last round Jun 2026
- 18 [**Silicor Materials** Silicor Materials engages in manufacturing and supplying polysilicon for solar cell production.](https://millionrounds.com/company/silicor-materials) Silicor Materials engages in manufacturing and supplying polysilicon for solar cell production. *Founded* 2006 San Jose, United States **$345M** last round Sept 2015
- 19 [**Sunrise** The Happinessweb (THW) will wind down its operations on 31 December 2026.](https://millionrounds.com/company/sunrise) The Happinessweb (THW) will wind down its operations on 31 December 2026. *Founded* - United States **$335M** last round Aug 2026
- 20 [**Vinci** Vinci is a Palo Alto, California-based company founded in 2023 that specializes in physics-based AI simulation for hardware design and engineering.](https://millionrounds.com/company/vinci) Vinci is a Palo Alto, California-based company founded in 2023 that specializes in physics-based AI simulation for hardware design and engineering. *Founded* 2023 Palo Alto, United States **$286M** last round Oct 2026
- 21 [**d-Matrix** d-Matrix is a semiconductor company based in Santa Clara, California, founded in 2019.](https://millionrounds.com/company/d-matrix) d-Matrix is a semiconductor company based in Santa Clara, California, founded in 2019. *Founded* 2019 Santa Clara, United States **$275M** last round Nov 2025
- 22 [**Quantenna Communications** Quantenna specializes in providing Wi-Fi solutions.](https://millionrounds.com/company/quantenna-communications) Quantenna specializes in providing Wi-Fi solutions. *Founded* 2006 San Jose, United States **$270M** last round Dec 2014
- 23 [**Rivos** Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises.](https://millionrounds.com/company/rivos) Rivos is a high-performance RISC-V system startup targeting integrated system solutions for enterprises. *Founded* 2021 Santa Clara, United States **$250M** last round Aug 2025
- 24 [**Celestial AI** Celestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers and AI computing systems.](https://millionrounds.com/company/celestial-ai) Celestial AI is a semiconductor and AI infrastructure company specializing in optical interconnect technology for data centers and AI computing systems. *Founded* 2020 Santa Clara, United States **$250M** last round Mar 2025
- 25 [**SiMa.ai** SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform.](https://millionrounds.com/company/sima-ai) SiMa.ai is a leader in Physical AI, offering a software-centric, purpose-built Machine Learning System-on-Chip (MLSoC) platform. *Founded* 2018 San Jose, United States **$235M** last round Sept 2026
- 26 [**Frore Systems** Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea.](https://millionrounds.com/company/frore-systems) Frore Systems is a semiconductor and thermal technology startup based in San Jose, California, with manufacturing operations in Taiwan and offices in South Korea. *Founded* 2018 San Jose, United States **$223M** last round Mar 2026
- 27 [**Menlo Micro** Menlo Micro is a semiconductor technology company based in Irvine, California, founded in December 2016 as a spin-out from General Electric.](https://millionrounds.com/company/menlo-micro) Menlo Micro is a semiconductor technology company based in Irvine, California, founded in December 2016 as a spin-out from General Electric. *Founded* 2016 Irvine, United States **$213M** last round Mar 2022
- 28 [**SolFocus** SolFocus, Inc.](https://millionrounds.com/company/solfocus) SolFocus, Inc. *Founded* 2005 San Jose, United States **$211M** last round Apr 2012
- 29 [**Cornelis**](https://millionrounds.com/company/cornelis) *Founded* - United States **$205M** last round Sept 2026
- 30 [**Eliyan** Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems.](https://millionrounds.com/company/eliyan) Eliyan manufactures semiconductor interconnects to accelerate chiplet-based systems. *Founded* 2021 Santa Clara, United States **$195M** last round Jul 2026
- 31 [**xLight**](https://millionrounds.com/company/xlight) *Founded* - United States **$190M** last round Jun 2026
- 32 [**Efficient Computer** Efficient Computer is a Pittsburgh-based semiconductor and computer hardware company founded in 2022.](https://millionrounds.com/company/efficient-computer) Efficient Computer is a Pittsburgh-based semiconductor and computer hardware company founded in 2022. *Founded* 2022 Pittsburgh, United States **$173M** last round Sept 2026
- 33 [**Achronix Semiconductor** Achronix offers high-density and high-performance application-targeted FPGAs for communication applications.](https://millionrounds.com/company/achronix-semiconductor) Achronix offers high-density and high-performance application-targeted FPGAs for communication applications. *Founded* 2004 Santa Clara, United States **$136M** last round Apr 2013
- 34 [**ChipAgents** ChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification.](https://millionrounds.com/company/chipagents) ChipAgents, developed by Alpha Design AI, is an innovative AI agent platform focused on semiconductor design and verification. *Founded* 2024 Santa Clara, United States **$134M** last round Jul 2026
- 35 [**Recogni** Recogni is a system solution company that specializes in the design of high-performance, low-power AI inferencing](https://millionrounds.com/company/recogni) Recogni is a system solution company that specializes in the design of high-performance, low-power AI inferencing *Founded* 2017 United States **$127M** last round Nov 2024
- 36 [**Agrani Labs** Agrani Labs is a Bengaluru-based AI semiconductor startup founded in December 2024 by experienced professionals from AMD and Intel.](https://millionrounds.com/company/agrani-labs) Agrani Labs is a Bengaluru-based AI semiconductor startup founded in December 2024 by experienced professionals from AMD and Intel. *Founded* - Fremont, United States **$123M** last round Nov 2026
- 37 [**Alereon** Alereon is a fabless semiconductor company developing Ultrawideband wireless chipsets for wireless USB and Bluetooth apps.](https://millionrounds.com/company/alereon) Alereon is a fabless semiconductor company developing Ultrawideband wireless chipsets for wireless USB and Bluetooth apps. *Founded* 2003 Austin, United States **$123M** last round Jun 2012
- 38 [**Zenverge** Zenverge is a fabless semiconductor company based in Santa Clara, California, founded in 2006.](https://millionrounds.com/company/zenverge) Zenverge is a fabless semiconductor company based in Santa Clara, California, founded in 2006. *Founded* 2006 Santa Clara, United States **$118M** last round Dec 2013
- 39 [**Enfabrica** Enfabrica develops hardware, software, and system technologies to resolve blockages in computing workloads.](https://millionrounds.com/company/enfabrica) Enfabrica develops hardware, software, and system technologies to resolve blockages in computing workloads. *Founded* 2019 Mountain View, United States **$115M** last round Nov 2024
- 40 [**DisplayLink** DisplayLink is a hardware and software company specializing in multi-monitor and zero client computing.](https://millionrounds.com/company/displaylink) DisplayLink is a hardware and software company specializing in multi-monitor and zero client computing. *Founded* 2003 San Jose, United States **$114M** last round Sept 2012
- 41 [**SiBEAM** SiBEAM is a fabless semiconductor company, develops intelligent millimeter wave technologies for high-bandwidth services.](https://millionrounds.com/company/sibeam) SiBEAM is a fabless semiconductor company, develops intelligent millimeter wave technologies for high-bandwidth services. *Founded* 2004 San Jose, United States **$114M** last round Mar 2010
- 42 [**Neurophos** Neurophos Inc.](https://millionrounds.com/company/neurophos) Neurophos Inc. *Founded* 2020 Austin, United States **$110M** last round Jan 2026
- 43 [**Velaura AI** Velaura AI is a Silicon Valley-based company specializing in AI compute infrastructure.](https://millionrounds.com/company/velaura-ai) Velaura AI is a Silicon Valley-based company specializing in AI compute infrastructure. *Founded* - Santa Clara, United States **$110M** last round Aug 2026
- 44 [**EnCharge AI** EnCharge AI is a semiconductor and AI systems company based in Santa Clara, California, founded in 2022.](https://millionrounds.com/company/encharge-ai) EnCharge AI is a semiconductor and AI systems company based in Santa Clara, California, founded in 2022. *Founded* 2022 Santa Clara, United States **$100M** last round Feb 2025
- 45 [**Delos Data** Delos Data is a technology company specializing in AI infrastructure and intelligence systems.](https://millionrounds.com/company/delos-data) Delos Data is a technology company specializing in AI infrastructure and intelligence systems. *Founded* - Palo Alto, United States **$100M** last round Sept 2026
- 46 [**Cognichip** Cognichip Inc.](https://millionrounds.com/company/cognichip) Cognichip Inc. *Founded* 2024 Redwood City, United States **$93M** last round Apr 2026
- 47 [**Pixim** Pixim is a semiconductor company that manufactures chips for video cameras.](https://millionrounds.com/company/pixim) Pixim is a semiconductor company that manufactures chips for video cameras. *Founded* 1998 Mountain View, United States **$91M** last round Sept 2011
- 48 [**Ethernovia** Ethernovia is a semiconductor and automotive networking company based in San Jose, California, founded in 2018.](https://millionrounds.com/company/ethernovia) Ethernovia is a semiconductor and automotive networking company based in San Jose, California, founded in 2018. *Founded* 2018 San Jose, United States **$90M** last round Jan 2026
- 49 [**1366 Technologies** 1366 Technologies is a manufacturer of silicon wafers used to deliver solar modules.](https://millionrounds.com/company/1366-technologies) 1366 Technologies is a manufacturer of silicon wafers used to deliver solar modules. *Founded* 2008 Bedford, United States **$89M** last round Dec 2019
- 50 [**Vertical Semiconductor** Vertical Semiconductor is an MIT-spun company dedicated to reinventing power conversion for AI chips and data centers.](https://millionrounds.com/company/vertical-semiconductor) Vertical Semiconductor is an MIT-spun company dedicated to reinventing power conversion for AI chips and data centers. *Founded* - Cambridge, United States **$84M** last round Oct 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More semiconductors lists

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