Eliyan
Unicorn · $1BFounded 2021 · 99 employees on LinkedIn · 14 known investors
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Eliyan develops chiplet interconnect PHY technologies, including its NuLink and NuLink-X products, aimed at increasing bandwidth, power efficiency, and lowering total cost of ownership for generative AI and high-performance computing data center systems. The company targets semiconductor and AI infrastructure applications such as chiplet-based designs and HBM memory scaling.
Also known as Eliyan Corp.
Founders & leadership
Eliyan was founded in 2021 by Ramin Farjadrad, Patrick Soheili, and Syrus Ziai.



Investors · 14
Also in the syndicate · 4
Funding
SEC filings, press & company announcements$290M disclosed across 2 of 5 rounds · 2022–2026
- $145MSeries CJul 2026 · 3 sources
Seligman Ventures (lead), Cisco Investments, Lumentum
Source ↗ - $145MraisedJul 2026 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Eliyan Corp. is a Santa Clara, California-based semiconductor company that develops interconnect technology for chiplet-based systems used in generative AI and high-performance computing data centers. Its core product is the NuLink PHY, a protocol-agnostic physical-layer IP core optimized for high-speed serial die-to-die (D2D) links that supports the industry-standard Bunch of Wires (BoW) and Universal Chiplet Interconnect Express (UCIe) interfaces as well as a proprietary simultaneous bidirectional (SBD) mode. NuLink is offered in advanced-packaging (NuLink-AP) and standard-packaging (NuLink-SP) variants across bump pitches from 40 to 130 microns, and has been extended to chip-to-chip connections as NuLink-X. The company also offers NuGear chiplets for memory and I/O connections, and its portfolio spans die-to-die, chip-to-chip and rack-to-rack architectures for electrical and optical environments.
Eliyan positions NuLink as a way to relieve bandwidth, power and packaging constraints in AI subsystems: the company states the technology can deliver up to 4x the bandwidth and 2x the power efficiency of alternatives, increase the number of HBM stacks in a package by 4x, extend interconnect reach by 10x, and cut packaging, test and assembly costs by at least 2x by allowing standard organic substrates instead of silicon interposers — which it says can also shorten AI ASIC time to market by up to 26 weeks. NuLink's bidirectional transceivers underpin die-to-memory proposals including SPHBM (HBM-to-ASIC connectivity over standard packaging) and a Universal Memory Interface (UMI) concept in which one ASIC design connects to DDR, GDDR or HBM memory chiplets, or to non-memory dies such as co-packaged optics and SerDes chiplets.
More recently the company has moved into electro-optical interconnects, introducing NuLink-XD, a power-reach configurable 224G PAM4 SerDes aimed at low-power electro-optical modules for AI scale-up, and publishing work on HBM4 and SPHBM4 memory bandwidth scaling.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 3
by search overlapCompanies competing with Eliyan for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 4
launches, deals, and filingsOversubscribed Series C led by Seligman Ventures with new strategic investors Cisco Investments and Lumentum, valuing Eliyan at $1 billion. Proceeds are earmarked for electro-optical interconnect development, ecosystem partnerships and manufacturing scale-up. Seligman managing partner Umesh Padval joined the board.
$145M source ↗
Umesh Padval, managing partner at Seligman Ventures, joined Eliyan's board of directors as part of the Series C financing.
Announced NuLink-XD, a power-reach configurable 224G PAM4 SerDes targeted at low-power electro-optical modules for AI scale-up.
Eliyan joined Arm's Total Design ecosystem in late 2025 to support open chiplet-based designs aligned with the Foundation Chiplet System Architecture interoperability effort.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Eliyaneliyan.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Eliyan do?
- Eliyan develops NuLink PHY IP and NuGear chiplets for high-speed die-to-die, chip-to-chip and rack-to-rack AI interconnects.
- Who founded Eliyan?
- Eliyan was founded by Ramin Farjadrad, Patrick Soheili, Syrus Ziai in 2021.
- Who are Eliyan's investors?
- Eliyan's investors include Alumni Ventures, Celesta Capital, Celesta Capital, Cisco Investments, Cleveland Avenue, Intel Capital, MESH, Open Field Capital and 2 more.
- How much funding has Eliyan raised?
- Eliyan has disclosed $290M raised across 2 of its 5 known rounds.









