When was Adapteva founded?

Adapteva was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is Adapteva located?

Adapteva is headquartered in Lexington, United States.

How many employees does Adapteva have?

As of Jul 01, 2024, the latest employee count at Adapteva is 1 - 10.

Is Adapteva a funded company?

Adapteva is a funded company, having raised a total of $4.58M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 02, 2010.

When was the latest funding round of Adapteva?

Adapteva's latest funding was a $***** Series B round on Dec 31, 2013, with participation from 2 investors. Its primary sector is Digital ICs. In United States, the Digital ICs sector has seen $6.12B in funding in 2026 to date.

Where does Adapteva rank among its competitors?

Adapteva ranks 4th amongst 22 active competitors, of which 11 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Cornami, which secured $1.4M in Jul, 2025.

Who are the top competitors of Adapteva?

Adapteva's top competitors include Cornami, UPMEM and Skychips. Among them, Cornami secured the most recent funding round in July, 2025.

Adapteva - 2026 Company Profile, Funding & Competitors

Company Details

Adapteva is a Massachusetts based fabless semiconductor company developing multicore processor chips for parallel computing. It has adopted an open-source approach for heterogeneous development of parallel programming. It offers Epiphany which is an energy efficient solution for developing chips. Company's Parallela supercomputer is aimed at making parallel computing more accessible.

Website: adapteva.com
Social

Key Metrics

Founded Year

2008

Location

Lexington, United States

Stage

Series B

Total Funding

$4.58M in 3 rounds

Latest Funding Round

Series B, Dec 31, 2013, $*****

Investors

Viola Group & 1 more

Ranked

4^th among 22 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

Cornami & 26 more

View Adapteva's full profile

Adapteva is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Adapteva, Inc. CIN: 0001473283 , United States, Active		-	5 (As on Dec 31, 2013)	-
ADAPTEVA, INC. CIN: 262188882 , United States, Active	Dec 31, 1999	-	4 (As on Dec 31, 2014)	-

Adapteva has raised a total funding of $4.58M over 3 rounds. Its first funding round was on Nov 02, 2010. Its latest funding round was a Series B round on Dec 31, 2013 for $*****. 2 investors participated in its latest round. Adapteva has 2 institutional investors.

Here is the list of recent funding rounds of Adapteva:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2013	5273878	Series B	5187995	9068095	3720057	4852510
Jun 07, 2012	1778200	Conventional Debt	5498466	5336999	6759208	3318020
Nov 02, 2010	3600014	Series A	8429030	5894608	6584543	8595066

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View details of Adapteva's funding rounds and investors

Adapteva's employee count trend

Adapteva has 1 - 10 employees as of Jul 24. Here is Adapteva's employee count trend over the years:

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Top competitors of Adapteva include Cornami, UPMEM and Skychips. Here is the list of Top 10 competitors of Adapteva, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cornami 2012, Santa Clara (United States), Series D	Provider of AI-powered microprocessors for parallel computing applications	$212M	SoftBank Vision Fund, Applied Materials & 10 others	58/100
2nd	UPMEM 2015, Grenoble (France), Series B	Processing units embedded in DRAM for data intensive applications	$7.98M	EIC Fund, C4 Ventures & 7 others	45/100
3rd	Skychips 2019, Suwon-si (South Korea), Series A	Provider of AI-based chips for applications	$1.67M	C&Venture Partners, SoluM & 6 others	38/100
4th	Adapteva 2008, Lexington (United States), Series B	Designiner and developer of chips for parallel computing	$4.58M	Viola Group, Ericsson	36/100
5th	Recore Systems 2005, Enschede (Netherlands), Deadpooled	Developer of multi-core processor subsystems for data analytics	$5M	Europa, Innovation Industries & 3 others	35/100
6th	Denglin Technology 2017, Shanghai (China), Series C	High-performance computing processor chips provider	-	China Internet Investment Fund, Qualcomm Ventures ... & 5 others	35/100
7th	Nallatech 1993, Glasgow (United Kingdom), Acquired	FPGA accelerated computing solutions	$11.6M	Western Alliance Bank, Europa & 3 others	35/100
8th	AzurEngine 2016, San Diego (United States), Series A	Developer of a reconfigurable parallel processor	-	Ferry Venture Capital	30/100
9th	Pintuitive 2017, Santa Clara (United States), Funding Raised	Developer of parallel computing ICs and softwares	-	Foothill Ventures	29/100
10th	Numeric Systems 2016, Munich (Germany), Funding Raised	Parallel computing processors	-	EIC Fund, Europa	29/100