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Eliyan

Unicorn · $1B

Founded 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.

RFRamin Farjadrad
Ramin FarjadradinFounder & CEORamin Farjadrad is Founder and CEO of Eliyan, which develops chiplet interconnect PHY technologies (including its NuLink and NuLink-X products) for generative AI and high-performance computing data centers. He has expertise in high-speed communication circuits and systems—spanning analog/mixed-signal circuits, DSP and coding, and communication architectures—holds over 130 granted and pending patents, and has contributed schemes underlying standards such as IEEE 802.3bz Multi-Gig Enterprise Ethernet, IEEE 802.3ch and 802.3cy automotive Ethernet, and OCP's BoW die-to-die interconnect.
PSPatrick Soheili
Patrick SoheiliinCo-founder & CEOCo-founder and CEO of Eliyan, which develops chiplet interconnect PHY technologies (including its NuLink and NuLink-X products) to improve bandwidth and power efficiency for generative AI and high-performance computing data center systems.
SZSyrus Ziai
Syrus ZiaiinCo-founder & VP of Engineering

Investors · 14

Also in the syndicate · 4

AMDCoherentLumentumSeligman Ventureslead

Funding

SEC filings, press & company announcements

$290M disclosed across 2 of 5 rounds · 2022–2026

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series CJul 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Eliyan 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 reported
HeadcountAug 202699
Patents (granted and pending)Jul 2026more than 100
Post-money valuationJul 2026$1B
Strategic investorsJul 202612 investors
Total funding raisedJul 2026$295M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

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

Timeline · 4

launches, deals, and filings
Jul 2026
Eliyan raises $145M Series C at $1B valuation

Oversubscribed 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 ↗

Jul 2026
Umesh Padval joins board of directors

Umesh Padval, managing partner at Seligman Ventures, joined Eliyan's board of directors as part of the Series C financing.

source ↗

Jan 2026
Eliyan introduces NuLink-XD 224G PAM4 SerDes

Announced NuLink-XD, a power-reach configurable 224G PAM4 SerDes targeted at low-power electro-optical modules for AI scale-up.

source ↗

Jan 2025
Eliyan joins Arm Total Design ecosystem

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.

source ↗

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

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.