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Fabless semiconductor company Astera Labs raises $50M for AI hardware designs

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Fabless semiconductor company Astera Labs raises $50M for AI hardware designs

Arm chips are bringing power efficiency to datacenters.Image Credit: Arm The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Astera Labs, a fabless semiconductor company headquartered in Silicon Valley, today announced that it raised $50 million in series C funding at a $950 million post-money valuation.

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Fabless semiconductor company Astera Labs raises $50M for AI hardware designs

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Fabless semiconductor company Astera Labs raises $50M for AI hardware designs

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