How much funding has Ascenium raised?

Ascenium has disclosed $23M raised across 2 rounds.

Where is Ascenium headquartered?

Ascenium is headquartered in Campbell, US.

Ascenium

Campbell, US · Founded 2019 · Delaware corporation

Ascenium is developing a General-Purpose Accelerator (GPA), a microprocessor designed to run generic software with up to 4x efficiency over conventional CPUs for data-center workloads. The company targets data centers seeking to reduce energy costs and carbon footprint.

Deep Tech Hardware Semiconductors

Founders & leadership

Peter FoleyExecutive

Board

Espen FjogstadBoard director

Andrew RobinBoard director

Reported raises · per SEC filings

Form D private placements

$23M disclosed across 2 rounds · 2019–2021

▶$3MraisedNov 2021 · 1 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Espen FjogstadDirector
Andrew RobinDirector
Peter FoleyExecutive Officer, Director

Offering amount: $3M
Amount sold: $3M
First sale: Aug 2019
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$20MraisedNov 2021 · 2 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Peter FoleyExecutive Officer, Director
Espen FjogstadDirector
Andrew RobinDirector

Offering amount: $20M
Amount sold: $20M
First sale: Oct 2021
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Spaceium Inc5 shared keywordsSpaceium builds in-orbit refueling stations that store fuel and supply it to spacecraft, aiming to enable longer missions, larger payloads, and farther travel. The company operates in the space infrastructure sector.

Cesium4 shared keywordsCesium is an open developer platform for building software applications with 3D geospatial data, providing visualization, data pipelines, curated data, and analytics. It includes a rendering engine and an implementation of 3D Tiles for streaming large datasets, serving developers across industries including government agencies and the U.S. Department of Defense.

Elementum4 shared keywordsElementum offers an AI-native workflow and business process automation platform that runs inside a company's own data cloud, positioned as a replacement for legacy enterprise SaaS. It targets large enterprises and is pre-integrated with AI/ML/LLM tools, using a "Zero Persistence" architecture so customer data does not persist in its systems.

Companies competing with Ascenium for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Ascenium do?: Ascenium is developing a General-Purpose Accelerator (GPA), a microprocessor designed to run generic software with up to 4x efficiency over conventional CPUs for data-center workloads. The company targets data centers seeking to reduce energy costs and carbon footprint.
How much funding has Ascenium raised?: Ascenium has disclosed $23M raised across 2 rounds.
Where is Ascenium headquartered?: Ascenium is headquartered in Campbell, US.