Inivation - About the company
Inivation is a funded company based in Zurich (Switzerland), founded in 2015 by Kynan Eng. It operates as a Commercialization of neuromorphic electronics. Inivation has raised an undisclosed amount in funding. The company has 1043 active competitors, including 194 funded and 86 that have exited. Its top competitors include companies like Groq, Cerebras and Lightmatter.
Company Details
Inivation is a spin-off from Institute of Neuroinformatics at the University of Zurich and ETH Zurich. It works closely with Inilabs which develops prototypes and undertakes joint R&D projects with various industry players. Inivation was formed to commercialize the technology developed at INI and provide IP licensing services. It provides neuromorphic electronic components, algorithms and systems that process information in a more brain-like manner whose advantages over conventional digital systems include distributed asynchronous processing, ultra-low response latency, low but informative data rates, high dynamic range and low power consumption.
- Website
- inivation.com
- Email ID
- *****@inivation.com
Key Metrics
Founded Year
2015
Location
Zurich, Switzerland
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
112th among 1043 active competitors
Employee Count
12 as on May 31, 2026
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Inivation's funding and investors
Inivation has raised funding over 2 rounds. Its first funding round was on Nov 01, 2019. Its latest funding round was a Grant (prize money) round on Feb 29, 2020 for $*****. 1 investor participated in its latest round. Inivation has 3 institutional investors.
Here is the list of recent funding rounds of Inivation:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 29, 2020 | 8359502 | Grant (prize money) | 1985967 | 4084674 | 9924876 | 6851551 |
Nov 01, 2019 | 7745626 | Grant (prize money) | 1336234 | 5822875 | 9091006 |
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Inivation's founders and board of directors
Founder? Claim ProfileThe founders of Inivation is Kynan Eng.
Here are the details of Inivation's key team members:
- Kynan Eng: Co-Founder of Inivation.
View details of Inivation's Founder profiles and Board Members
Inivation's employee count trend
Inivation has 12 employees as of May 26. Here is Inivation's employee count trend over the years:
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Inivation's Competitors and alternates
Top competitors of Inivation include Groq, Cerebras and Lightmatter. Here is the list of Top 10 competitors of Inivation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Groq 2016, Mountain View (United States), Series E | Provider of AI inference platforms and on-premise AI inference clusters | $2.4B | 72/100 | |
2nd | Cerebras 2015, Sunnyvale (United States), Public | Provider of high-performance AI infrastructure and wafer-scale computing solutions | $2.82B | 72/100 | |
3rd | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
4th | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
5th | Graphcore Systems 2016, Bristol (United Kingdom), Acquired | Manufacturer of hardware and software for machine learning processing tasks | $742M | 68/100 | |
6th |  Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 68/100 | |
7th |  Black Sesame Technologies 2016, Pudong (China), Public | Developer of AI-based chips for machine vision tasks | $500M | 67/100 | |
8th |  Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $872M | 66/100 | |
9th |  Axelera AI 2021, Eindhoven (Netherlands), Series C | Manufacturer of hardware accelerators and software for artificial intelligence inference | $450M | 66/100 | |
10th | SiMa.ai 2018, San Jose (United States), Series C | Developer of hardware and software platform for physical artificial intelligence | $355M | 66/100 | |
112th | Inivation 2015, Zurich (Switzerland), Funding Raised | Commercialization of neuromorphic electronics | - | 45/100 |
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Inivation's Investments and acquisitions
Inivation has made no investments or acquisitions yet.
News related to Inivation
Media has covered Inivation for 1 event in last 1 year, It was about company updates.
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iniVation Introduces Axiro Vision Products for Visual AI and AutomationPR Newswire•Nov 19, 2025•Inivation
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Swiss iniVation and Kumrah AI form JV for neuromorphic tech in UAEStartupticker•Jun 16, 2025•Inivation
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iniVation wins Best of Sensors 2022 for its Dynamic Vision SensorFierceElectronics•Aug 30, 2022•Inivation
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