Chip startup SiFive completes a $400 million funding round, valuing the company at $3.65 billion

GateNews

Gate News update, April 9, chip startup SiFive completes a $400 million funding round led by Atreides Management, with Nvidia Corporation, Apollo Global Management, and Point72 participating. This round of financing increases SiFive’s valuation to $3.65B. SiFive plans to use this funding to expand its influence in the artificial intelligence data center sector. It is reported that this round was oversubscribed, and the subscription proceeds exceeded the actual amount raised.

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