When was Ascenium founded?

Ascenium was founded in 2000 and raised its 1st funding round 17 years after it was founded.

Where is Ascenium located?

Ascenium is headquartered in Campbell, United States. It is registered at Kirkegata 3, 4006, STAVANGER.

How many employees does Ascenium have?

As of Dec 31, 2022, the latest employee count at Ascenium is 11.

Is Ascenium a funded company?

Ascenium is a funded company, having raised a total of $36.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 14, 2017.

When was the latest funding round of Ascenium?

Ascenium's latest funding was a $***** Series B round on Nov 10, 2021, with participation from 0 investor.

Where does Ascenium rank among its competitors?

Ascenium ranks 144th amongst 314 active competitors, of which 120 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Cerebras, which secured $1B in Feb, 2026.

Who are the top competitors of Ascenium?

Ascenium's top competitors include AMD, Ambarella and Cerebras. Among them, Cerebras secured the most recent funding round in February, 2026.

Ascenium - 2026 Company Profile, Funding & Competitors

Company Details

Developer of general-purpose accelerator technology designed to improve data center efficiency. The company focuses on creating solutions that address challenges related to energy consumption and performance limitations in computing. Its technology aims to provide improvements for data center workloads. The company designs its technology to allow management and control of performance, energy cost and carbon footprint.

Website: ascenium.com
Email ID: *****@ascenium.com
Registered Address: Kirkegata 3, 4006, STAVANGER

Key Metrics

Founded Year

2000

Location

Campbell, United States

Stage

Series B

Total Funding

$36.4M in 3 rounds

Latest Funding Round

Series B, Nov 10, 2021, $*****

Investors

Tanarra

Ranked

144^th among 314 active competitors

Employee Count

11 as on Dec 31, 2022

Similar Companies

Graphcore Systems & 125 more

View Ascenium's full profile

Ascenium is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASCENIUM AS CIN: 922686408 , Norway, Active	Apr 01, 2019	-	11 (As on Dec 31, 2022)

Ascenium has raised a total funding of $36.4M over 3 rounds. Its first funding round was on Jun 14, 2017. Ascenium has 1 institutional investor.

Here is the list of recent funding rounds of Ascenium:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 10, 2021	5923790	Series B	3284119	3512381	4232159	2043087
Jul 13, 2021	5958583	Series A	9928412	7669468	4292438	8544554
Jun 14, 2017	8718463	Seed	2861218	4907575	7799782	6386446

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Ascenium's employee count trend

Ascenium has 11 employees as of Dec 22. Here is Ascenium's employee count trend over the years:

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Top competitors of Ascenium include AMD, Ambarella and Cerebras. Here is the list of Top 10 competitors of Ascenium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AMD 1969, Santa Clara (United States), Public	Developer of high-performance central processing units and graphics processing units	-	Alcor Fund, 27th Street Capital & 10 others	73/100
2nd	Ambarella 2004, Santa Clara (United States), Public	Manufacturer of AI-enabled image processors	$15.4M	Corner Ventures, Benchmark & 7 others	71/100
3rd	Cerebras 2015, Sunnyvale (United States), Series H	Platform offering computing and artificial intelligence solutions	$2.55B	Benchmark, Altimeter Capital & 28 others	70/100
4th	Graphcore Systems 2016, United Kingdom, Acquired	Provider of processors and IPUs for enterprises	$767M	Atomico, Merian Global Investors & 75 others	70/100
5th	Texas Instruments 1930, Dallas (United States), Public	Manufacturer of analog and embedded processing chips for various applications	-	Alcor Fund, Elliott Management & 7 others	68/100
6th	Intel 1968, Santa Clara (United States), Public	Provider of semiconductor ICs and microprocessors	-	Glynn Capital, B Capital Fund & 18 others	68/100
7th	Celestial AI 2020, Santa Clara (United States), Acquired	Developer of optical interconnect technology for artificial intelligence infrastructure systems	$589M	Koch Disruptive Technologies, Temasek & 21 others	68/100
8th	STMicroelectronics 1987, Geneva (Switzerland), Public	Manufacturer of semiconductors and related components for various applications globally	-	B Capital Fund, Benson Family Private Equity ... & 7 others	68/100
9th	Ambiq 2010, Austin (United States), Public	Provider of AI-based system-on-chips for IoT applications	$385M	Conductive Ventures, Kleiner Perkins & 16 others	67/100
10th	MediaTek 1997, Hsinchu (Taiwan), Public	Provider of AI-based neural processing unit chipsets	-	JAFCO Asia, VentureTech Alliance	67/100
144th	Ascenium 2000, Campbell (United States), Series B	Developer of general-purpose accelerator technology designed to improve data center efficiency	$36.4M	Tanarra	34/100