How Much Did SiFive Raise? Headquarters, Funding & Key Investors

SiFive has raised a total of $366 million across six funding rounds, including a $175 million Series F in March 2022 led by Coatue Management, valuing the company at $2.5 billion. Founded in 2015 and headquartered in San Mateo, California, SiFive provides RISC-V core IP, boards, and development tools for markets like AI, automotive, IoT, and data centers. Backed by top investors such as Intel Capital, Qualcomm Ventures, and Sutter Hill Ventures, SiFive is driving global RISC-V adoption and expanding its semiconductor ecosystem ahead of a potential IPO.

How Much Did SiFive Raise? Funding & Key Investors

SiFive is a leading provider of RISC-V core IP, boards, software, and development tools, serving markets such as AI, automotive, edge computing, IoT, and data centers. The company enables efficient, cost-effective chip design and software automation through its open-source semiconductor technology. SiFive has raised $366M in funding from investors including Coatue Management and A&E Investments, with a current valuation of $2.5B (as of March 16, 2022).

What Is SiFive and What Does It Do?

SiFive, founded in 2015 by Andrew Waterman, Krste Asanovic, and Yunsup Lee, is headquartered in San Mateo, California. The company designs RISC-V-based semiconductor cores and provides development boards, software, and tools for microcontrollers, embedded systems, IoT devices, and wearables.

With a workforce of 501-1000 employees, SiFive collaborates with global semiconductor manufacturers, automakers, and data centers to accelerate the adoption of the RISC-V architecture. Their solutions span core IP, boards, and software development tools covering essential, intelligence, performance, and automotive product families.

How Much Funding Has SiFive Raised?

1. Series A

Amount Raised: $5M
Date: September 2015
Lead Investors: Sutter Hill Ventures
Motivation: To establish the company and develop initial RISC-V products.

2. Series B

Amount Raised: $8.5M
Date: May 2017
Lead Investors: Spark Capital
Motivation: To expand product development and market reach.

3. Series C

Amount Raised: $50.6M
Date: April 2018
Lead Investors: OUP, Spark Capital, Sutter Hill Ventures
Motivation: To accelerate RISC-V product development and expand the team.

4. Series D

Amount Raised: $65.4M
Date: June 2019
Lead Investors: Qualcomm Ventures
Motivation: To scale operations and enhance product offerings.

5. Series E

Amount Raised: $61M
Date: August 2020
Lead Investors: SK Hynix
Motivation: To support growth and expand into new markets.

6. Series F

Amount Raised: $175M
Date: March 2022
Lead Investors: Coatue Management
Motivation: To accelerate product development and prepare for an IPO.

Total Funding Raised: $366 Million

Current Valuation: $2.5 Billion (as of Mar 2022)

Latest Funding Date: March, 2022

Key Investors

1. Coatue Management

Details: Global technology investment firm investing across venture to public markets. Led SiFive’s Series F.
Investment Focus Areas: Technology, media, telecommunications
Notable Investments: ByteDance, DoorDash, Snap Inc.

2. Intel Capital

Details: Investment arm of Intel Corporation, recurring investor in SiFive supporting RISC-V ecosystem.
Investment Focus Areas: Technology startups, semiconductors
Notable Investments: Cloudera, Red Hat, VMware

3. Sutter Hill Ventures

Details: Venture capital firm investing in early-stage technology companies and multiple rounds of SiFive.
Investment Focus Areas: Early-stage tech companies
Notable Investments: Pure Storage, Snowflake

4. Qualcomm Ventures

Details: Investment arm of Qualcomm Inc., supports innovation in mobile and semiconductor tech.
Investment Focus Areas: Mobile, wireless technologies, semiconductors
Notable Investments: Zoom, Waze, Fitbit

Where Is SiFive’s Headquarters?

SiFive is headquartered in San Mateo, California, a hub for semiconductor innovation and technology startups. The location provides access to top-tier engineering talent and strong connections with Silicon Valley semiconductor and technology partners.

What’s Next for SiFive?

SiFive is positioned for rapid growth amid rising global adoption of RISC-V technology. With a $2.5B valuation and backing from Intel, Qualcomm, and Coatue, the company is expanding market reach and accelerating chip development, including the P550 core. Strategic partnerships and growing investor interest set the stage for a potential IPO within the next 12–18 months, while advancing RISC-V solutions across AI, automotive, IoT, and data center markets.

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