Nuvacore Seeks Funding at $2.5B Valuation
Six-month-old Nuvacore is seeking hundreds of millions of dollars at an estimated $2.5 billion valuation to develop a data-center CPU, though the fundraising round has not closed and the terms could change. The Sequoia-backed startup plans to design the chip’s core functions before choosing an architecture, targeting growing demand for processors that support AI workloads.
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About Sequoia Capital
Sequoia Capital Operations, LLC, doing business as Sequoia Capital or simply Sequoia, is an American venture capital firm headquartered in Menlo Park, California. It specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of January 2025, the firm had approximately US$56 billion in assets under management (AUM).
Everything about Sequoia Capital →- Country
- United States
- Headquarters
- Menlo Park
- Inception
- 1972
- Website
- http://www.sequoiacap.com/