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Ethernovia raises over $90M in Series B funding. Ethernovia, a San Jose, CA-based semiconductor startup building Ethernet-based, packet processor-centric networking solutions, raised over $90M in Series B funding. The round was led by Maverick Silicon with participation from Socratic Partners, Conduit Capital, CDIB-TEN Capital, Porsche SE, Qualcomm Ventures and Fall Line Capital. The company intends to use the funds to accelerate development and production of its new packet processor family, expand its software and systems capabilities, and support customer engagements across automotive, robotics and industrial markets. Led by CEO Ramin Shirani, Ethernovia develops automotive and edge packet processors designed to serve new physical AI systems. Designed to handle massive volumes of real-time sensor and AI traffic, its platform enables a unified Ethernet-based architecture that can deterministically move, process, and orchestrate data at the edge, delivering connectivity and capabilities including reliable autonomy, over-the-air services, and AI-powered applications.

Ethernovia raises more than $90M to advance Ethernet packet processors for automotive and edge AI. Semiconductor startup Ethernovia Inc. revealed today that it has raised more than $90 million in new funding to accelerate development and production of its next-generation packet processor family, expand software and systems capabilities, and support customer engagements across automotive, robotics and industrial markets. Founded in 2018, Ethernovia is focused on transforming how data moves within complex systems like vehicles and intelligent machines. The company was built to tackle the limitations of traditional in-vehicle networks. They can struggle with the massive volumes of high-bandwidth sensor, vision and artificial intelligence data required by modern autonomous and software-defined systems. Ethernovia designs and develops advanced packet processors and Ethernet networking chips that act as the "nervous system" of vehicles and edge devices. It says they intelligently aggregate, route and manage data streams from cameras, radar, LiDAR, control units and AI accelerators. The platform is built to handle increasingly complex workloads while maintaining low latency and high reliability. The company's product lineup includes high-performance Ethernet physical layer transceivers and scalable packet processors that support multigigabit speeds across single-pair automotive cabling. The semiconductor solutions provide the physical connectivity and data transport capabilities needed for next-generation automotive applications such as advanced driver assistance systems, centralized vehicle computing and over-the-air software updates. Ethernovia also builds products for software-defined vehicles and edge AI workloads that meet the need for flexible, programmable networking. The company's packet processors and network infrastructure allow original equipment manufacturers and system developers to deploy platforms that can be updated and reconfigured throughout the life of the product while meeting safety-critical performance standards. "The industry is entering the era of physical AI where intelligence must sense, reason and act in the real world with predictable, real-time performance," said co-founder and Chief Executive Ramin Shirani. "Legacy in-vehicle and industrial networks were never designed for AI-driven workloads. However, our packet processor platform is purpose-built to eliminate these constraints, enabling zonal and centralized architectures that scale autonomy and dramatically simplify vehicle system design." The Series B round was led by Maverick Silicon with Socratic Partners also participating. "As autonomous systems become more complex, latency, power efficiency and architectural flexibility are no longer optional - they are essential," said Kenneth Safar, managing director of Maverick Silicon. "Ethernovia has fundamentally reimagined the nervous system of intelligent machines with its packet processing platform, solving a critical networking bottleneck in automotive, robotics and industrial AI." Prior to the new funding announced today, Ethernovia had raised a single round of $64 million in May 2023, according to data from Tracxn. Investors in that round included Porsche SE, Qualcomm Ventures, VentureTech Alliance, Advanced Micro Devices Inc., Western Digital Corp., Fall Line Capital Management, Taiwania Capital Management Corp. and Enea AB. Image: Ethernovia. A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network. SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.

Ethernovia, a Silicon Valley startup building Ethernet-based networking chips for autonomous systems, has raised over $90 million in Series B funding led by Maverick Silicon and Socratic Partners. Existing backers Porsche SE, Qualcomm Ventures and Fall Line Capital participated, alongside new investors Conduit Capital and CDIB-TEN Capital. Founded by Ramin Shirani, previously at Aquantia, Ethernovia develops packet-processing platforms that handle high-bandwidth sensor data for AI systems in vehicles, robots and industrial machines. The company's chips feature deterministic Ethernet architecture and programmable data paths designed to eliminate latency bottlenecks. The funding will support scaling production of next-generation processors as Ethernovia transitions from development to commercial deployment. The company maintains engineering teams across Europe, China, Australia and India, with nearly 90% of staff in technical roles.