Akash Systems - About the company
Akash Systems is a series A company based in San Francisco (United States), founded in 2016 by Felix Ejeckam and Ty Mitchell. It operates as a Developer of thermal management solutions integrating diamonds with semiconductor technology. Akash Systems has raised $17.6M in funding from investors like Khosla Ventures, Founders Fund and Correlation Ventures. The company has 21 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Phononic, JETCOOL Technologies and Accelsius.
Company Details
Developer of thermal management solutions integrating diamonds with semiconductor technology. This technology combats heat, enabling devices and systems to operate more effectively. The company’s products include chip-on-diamond solutions, servers, radios, and power amplifiers. These products serve industries such as AI, data centers, space, automotive, cellular communications, and radar.
- Website
- akashsystems.com
- Social
- Email ID
- *****@akashsystemsinc.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series A
Total Funding
$17.6M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 21 active competitors
Employee Count
163 as on May 31, 2026
Legal entities associated with Akash Systems
Akash Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AKASH SYSTEMS INC CIN: 475564980 , United States, Active | - | 12 (As on Dec 31, 2024) | - | |
Akash Systems, Inc. CIN: 47-5564980 , United States, Active | - | 21 (As on Dec 31, 2020) | - |
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Akash Systems's funding and investors
Akash Systems has raised a total funding of $17.6M over 2 rounds. Its first funding round was on Jan 30, 2018. Its latest funding round was a Series A round on Jul 10, 2019 for $*****. 5 investors participated in its latest round. Akash Systems has 24 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Akash Systems:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 10, 2019 | 3276477 | Series A | 9360784 | 3930825 | 2497164 | 3871882 |
Jan 30, 2018 | 7425771 | Seed | 4032493 | 4507404 |
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Akash Systems' founders and board of directors
Founder? Claim ProfileThe founders of Akash Systems are Felix Ejeckam and Ty Mitchell.
Here are the details of Akash Systems' key team members:
- Felix Ejeckam: Co-Founder & CEO of Akash Systems.
- Ty Mitchell: Founder and Managing Director of Akash Systems.
View details of Akash Systems's Founder profiles and Board Members
Akash Systems' employee count trend
Akash Systems has 163 employees as of May 26. Here is Akash Systems's employee count trend over the years:
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Akash Systems's Competitors and alternates
Top competitors of Akash Systems include Phononic, JETCOOL Technologies and Accelsius. Here is the list of Top 10 competitors of Akash Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
2nd | JETCOOL Technologies 2019, Littleton (United States), Acquired | Developer of direct-to-chip liquid cooling modules for high-power electronics | $28.7M | 64/100 | |
3rd |  Akash Systems 2016, San Francisco (United States), Series A | Developer of thermal management solutions integrating diamonds with semiconductor technology | $17.6M | 62/100 | |
4th |  Accelsius 2022, Austin (United States), Series B | Developer of two-phase direct-to-chip liquid cooling systems for data centers | $169M | 58/100 | |
5th |  ZutaCore 2016, San Jose (United States), Seed | Provider of waterless liquid cooling solutions for artificial intelligence and computing | - | 51/100 | |
6th | Developer of passive two-phase cooling systems for electronics | $12.9M | 42/100 | ||
7th | Thermistance 2020, Pune (India), Seed | Provider of thermal management solutions and consultancy for electronic cooling | $507K | 39/100 | |
8th |  CoolSem Technologies 2025, Eindhoven (Netherlands), Seed | CoolSem | Pushing the limits of semiconductor performance | - | 37/100 | |
9th | JJ Cooling Innovation 2014, Lausanne (Switzerland), Funding Raised | Developer of passive and active high-power electronics cooling systems | - | 30/100 | |
10th | Smart High Tech 2006, Gothenburg (Sweden), Funding Raised | Provider of graphene-enhanced materials for thermal management applications | - | 29/100 |
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Akash Systems's Investments and acquisitions
Akash Systems has made no investments or acquisitions yet.
News related to Akash Systems
Filter this listMedia has covered Akash Systems for a total of 4 events in the last 1 year, 3 of them have been about company updates.
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Akash Systems Introduces Diamond Cooling for AI InfrastructureSiliconAngle•Jun 10, 2026•Akash Systems
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QumulusAI Deploys 1,144 NVIDIA Blackwell GPUs Through Drawdown Under $500M USD.AI FacilityNewswire•Feb 19, 2026•Usd, Qumulus, Nvidia, MatX and 3 others
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Akash Systems Secures $27 Million Deal with NxtGen for Diamond Cooled ServersDevdiscourse•Dec 04, 2024•Akash Systems, NxtGen
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Akash allocated US CHIPS Act funding for diamond cooling technologySemiconductor Today•Nov 14, 2024•Akash Systems
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US to award Akash Systems up to $18.2 million for chips productionThe Star Online•Nov 13, 2024•Akash Systems, U.S. Department of Commerce
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Akash Systems Signs Preliminary Agreement for $68 M in CHIPS Act FundingMicrowave Journal•Nov 13, 2024•Akash Systems, U.S. Department of Commerce
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Akash Systems CEO Felix Ejeckam wants to build a $432 million semiconductor factory in West OaklandThe Business Journals•Jan 12, 2024•Akash Systems
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Akash Systems Raises $14.5 Million Series ABusiness Wire•Jul 10, 2019•Akash Systems, Khosla Ventures, Founders Fund, ACME and 4 others
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