Who founded Netpreme?

Netpreme was founded by Zhizhen Zhong, Nikita Lazarev in 2024.

Who are Netpreme's investors?

Netpreme's investors include Rhapsody Venture Partners, The E14 Fund, boldstart ventures, Propeller Inc..

How much funding has Netpreme raised?

Netpreme has disclosed $11.9M raised across 2 rounds.

Where is Netpreme headquartered?

Netpreme is headquartered in Cambridge, US.

Netpreme

Cambridge, US · Founded 2024 · Delaware corporation · 18 employees on LinkedIn · 4 known investors

Find your way into Netpreme

867 people in our graph share verified history with the Netpreme team — schools, employers, funds. One of them is your warm intro.

Ken Chenaultunlockedknows Zhizhen Zhong · together at Facebook (overlapped)

knows the team · via University of California, Davis

×3knows the team · via Massachusetts Institute of Technology

×5knows the team · via Facebook

×2knows the team · via Samsung Electronics

Netpreme develops a Memory Processing Unit (MPU) and Networked Memory Tiering technology designed to extend XPU memory capacity for AI systems. It offers memory-to-compute networking solutions targeting AI infrastructure and hardware.

AI & Machine Learning Hardware Semiconductors

Founders & leadership

Netpreme was founded in 2024 by Zhizhen Zhong and Nikita Lazarev.

Zhizhen Zhong inCo-Founder, Chief Executive OfficerZhizhen Zhong is founder and CEO of Netpreme, which develops memory processing and networked memory tiering technology for AI systems. He previously worked as a Postdoctoral Associate at MIT on photonic-electronic systems for data-intensive workloads, and holds a Ph.D. in Electronics Engineering from Tsinghua University along with undergraduate degrees in Electronics Engineering and Economics.

Nikita Lazarev inCo-Founder and CTONikita Lazarev is founder and executive officer of Netpreme, which develops Memory Processing Units and memory tiering technology for AI infrastructure. He has prior experience in networking hardware, low-latency systems, and computer architecture design.

Board

Yuqin DuanBoard director

Investors · 4

Rhapsody Venture PartnersCambridge · $500K – $2M

The E14 FundCambridge · $1M – $5M

boldstart venturesreportedMiami · $1M – $3Mvia Ed Sim · board

Propeller Inc.reportedAmman · $50K – $3.5M

Reported raises · per SEC filings

Form D private placements

$11.9M disclosed across 2 rounds · 2024–2025

▶$11.7MraisedJul 2025 · 10 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Shenggao LiDirector
Zhizhen ZhongExecutive Officer, Director
Nikita LazarevExecutive Officer, Director
Ed SimDirector
Calvin ChinDirector

Offering amount: $13.4M
Amount sold: $11.7M
First sale: Jun 2025
Incorporated: Corporation, Delaware, 2024
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$200KraisedOct 2024 · 1 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Zhizhen ZhongExecutive Officer, Director
Nikita LazarevExecutive Officer, Director
Yuqin DuanDirector

Offering amount: $200K
Amount sold: $200K
First sale: Oct 2024
Incorporated: Corporation, Delaware, 2024
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

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

In the news

Nearly $495m in new deals power Middle East startups | Arab Newsarabnews.com · Nov 2025

Frequently asked questions

What does Netpreme do?: Netpreme develops a Memory Processing Unit (MPU) and Networked Memory Tiering technology designed to extend XPU memory capacity for AI systems. It offers memory-to-compute networking solutions targeting AI infrastructure and hardware.
Who founded Netpreme?: Netpreme was founded by Zhizhen Zhong, Nikita Lazarev in 2024.
Who are Netpreme's investors?: Netpreme's investors include Rhapsody Venture Partners, The E14 Fund, boldstart ventures, Propeller Inc..
How much funding has Netpreme raised?: Netpreme has disclosed $11.9M raised across 2 rounds.
Where is Netpreme headquartered?: Netpreme is headquartered in Cambridge, US.