Valens (NYSE: VLN)
NYSE: VLNFounded 2006 Β· 224 employees on LinkedIn Β· Public Β· 8 known investors
Find your way into Valens (NYSE: VLN)
Valens develops high-performance connectivity chipsets that are embedded in devices to support digital and connectivity experiences. The company positions itself as a provider of semiconductor connectivity technology.
Also known as Valens Β· Valens Semiconductor Β· VLN
Investors Β· 8
Also in the syndicate Β· 2
Company profile
researched Aug 2026Valens Semiconductor Ltd. is a fabless semiconductor company headquartered at 8 Hanagar Street, Hod HaSharon, Israel, that designs and markets high-performance connectivity chipsets for transmitting uncompressed audio, video, data and power over a single long-reach cable. The company operates in two reported segments: Cross Industry Business (CIB), covering the audio-video and adjacent markets, and Automotive. In audio-video, Valens invented HDBaseT, which enables simultaneous delivery of ultra-high-definition digital video and audio, Ethernet, USB, control signals and power over standard Category cabling at distances up to 100 meters, and which became a widely adopted standard for long-reach digital connectivity. In automotive, the company supplies chipsets aligned with the MIPI Alliance A-PHY standard β a technology derived from Valens' own work β for high-bandwidth, safety-critical links serving in-vehicle sensors, cameras, infotainment displays, advanced driver-assistance systems (ADAS) and automated driving.
The product portfolio spans the VS100, VS2000, VS3000, VS6000, VS7000 and VS6320 series for cross-industry applications and the VA6000 and VA7000 series for automotive. End markets include professional AV and video conferencing, enterprise, education, digital signage, medical imaging (including robotic surgery and endoscopy), industrial automation and machine vision, security and surveillance, consumer electronics and home entertainment. Valens has reported shipping more than 30 million chips to customers worldwide, holds over 120 granted patents, and received a Technology & Engineering Emmy Award in 2016 for HDBaseT. As of the most recent disclosures the company employed 233 full-time staff and reported cash, cash equivalents and short-term deposits of $83.4 million at June 30, 2026.
Founding story
Valens was founded in 2006 in Israel by a team of six engineers with backgrounds in signal processing and high-speed data transmission, including Eyran Lida (Chief Technology Officer), Massad Eyal (Senior Vice President, Core Technologies Development), Dror Jerushalmi, Gaby Gur Cohen and Alon Benzaray. The team set out to solve long-distance, high-bandwidth multimedia transmission, initially bootstrapping from modest facilities in Hod HaSharon with founder investment and prototype work on cable-extension technology.
Business model
Valens is fabless: it designs connectivity chipsets and semiconductor components and outsources manufacturing, selling silicon to OEMs, ODMs and Tier-1 suppliers that embed the chipsets into end products. Its technologies are positioned as industry standards (HDBaseT in professional AV; MIPI A-PHY in automotive), so adoption by equipment makers and automotive design-win programs drives volume shipments over multi-year product cycles.
Revenue comes from sales of semiconductor chipsets and components across two segments. In Q2 2026, Cross Industry Business contributed about 70% of revenue ($13.1 million) and Automotive about 30% ($5.0 million), with segment gross margins of 69.2% and 41.5% respectively. Full-year 2025 segment revenue was $51.66 million for CIB and $18.97 million for Automotive.
Traction
Reported Q2 2026 revenue of $18.1 million, above guidance of $17.2β$17.6 million, versus $16.9 million in Q1 2026 and $17.1 million in Q2 2025; GAAP gross margin of 61.5% (64.3% non-GAAP); GAAP net loss of $(8.1) million and adjusted EBITDA loss of $(4.2) million. Trailing-twelve-month revenue was $71.7 million. Full-year 2026 revenue guidance was raised to $78.0β$81.0 million, about 13% above 2025 at the midpoint. Four automotive design-win programs were advancing toward production with revenue ramp expected in 2027. Cumulative shipments exceed 30 million chips.
Latest developments
In August 2026 Valens reported Q2 2026 revenue of $18.1 million and raised full-year 2026 revenue guidance to $78.0β$81.0 million, guiding Q3 2026 revenue of $21.3β$21.7 million with a $(3.4)β$(2.8) million adjusted EBITDA loss. Barco selected HDBaseT chipsets for its ClickShare USB-C Extension over CAT kit, and the company showcased VS3000 and VS6320 chipsets at InfoComm and launched a USB3/4K video extension reference design for ODM customers that drove millions of dollars in bookings. Karine Pinto-Flomenboim became Chief Financial Officer effective August 9, 2026, and Dean Martin was appointed Head of the Automotive Business Unit effective September 1, 2026. The NYSE moved to commence delisting proceedings with respect to the company's warrants (VLNW).
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Valens describes itself as the premier provider of high-speed connectivity for the automotive and audio-video industries, with HDBaseT established as a de facto standard for long-reach digital connectivity in professional AV and its underlying automotive technology selected as the basis for the MIPI A-PHY standard. It is classified among small-capitalization semiconductor companies, with a market capitalization of roughly $198 million in August 2026, and is grouped with peers such as indie Semiconductor, GCT Semiconductor, Peraso and Arbe Robotics.
Differentiation rests on uncompressed, zero-latency transmission over standard, low-cost cabling rather than proprietary infrastructure, combined with standards ownership: Valens invented HDBaseT and its automotive technology was selected as the baseline for MIPI A-PHY. Claimed advantages include long reach (up to 100 meters over Category cable), high noise resilience over unshielded twisted pair, convergence of video, audio, Ethernet, USB, control and power on a single cable, and a patent portfolio of more than 120 granted patents.
Technology
Core technology is long-reach, low-latency, uncompressed transmission of video, audio, data and power over simple cabling. HDBaseT converges ultra-high-definition video (4K/8K), multi-channel audio, Ethernet, USB, control signals and power onto a single Category cable up to 100 meters. In automotive, the A-PHY-compliant VA7000 series targets high noise resilience (cited as 20 times greater) and error-free performance over unshielded twisted-pair wiring for ADAS and autonomous driving links. Valens reports over 120 granted patents.
Go-to-market
Products are sold through a direct sales force alongside distributors and independent sales representatives. The company engages OEM and ODM design cycles, publishes reference designs (for example a USB3 and 4K video extension reference design for leading ODM customers) and exhibits at industry trade shows such as InfoComm to generate sales opportunities. Standards leadership in HDBaseT and MIPI A-PHY is used to drive ecosystem adoption.
Automotive OEMs and Tier-1 suppliers (Valens chipsets have shipped in Daimler Mercedes-Benz vehicles), professional audio-video equipment makers and ODMs (for example Barco, which selected HDBaseT chipsets for its ClickShare USB-C Extension over CAT kit), plus customers in industrial automation, machine vision, medical imaging, digital signage, education, security and consumer electronics.
Geography
Headquartered in Hod HaSharon, Israel, with additional offices in the United States, Europe and Asia; earlier reporting cited offices in Hod Hasharon, Pasadena and Asia, and later material references seven global offices. Reported 2025 revenue by geography included Other $19.97M, China $10.61M, United States $9.64M, Portugal $9.18M, Hong Kong $9.13M, Hungary $9.02M, Germany $2.6M and Israel $0.47M.
History
Incorporated in 2006, Valens spent 2007β2010 in an intensive R&D phase on signal integrity, power delivery and robustness for long-reach audio-visual transmission, securing early patents that grew to roughly 100 filings by 2016 with 55 granted. The resulting HDBaseT technology enabled simultaneous transmission of uncompressed HD video, audio, Ethernet, control and power over Category cabling and earned a Technology & Engineering Emmy Award in 2016. In November 2018 the company raised $63 million from Oppenheimer Asset Management and Linse Capital, bringing total equity raised to $167 million, with existing investors including Goldman Sachs and Samsung; at that time it employed 350 people. Valens became publicly traded on the NYSE in September 2021 through a business combination with PTK Acquisition Corp. valued at approximately $1.1 billion, which generated about $155 million in gross proceeds. Leadership has changed over time, with Gideon Ben-Zvi serving as CEO at the time of the listing and Yoram Salinger serving as CEO from November 2025.
Risks & controversies
The company remains loss-making, reporting a GAAP net loss of $(8.1) million in Q2 2026 and a trailing-twelve-month net loss of about $32.4 million with a -45.2% profit margin, and cash and short-term deposits declined from $92.6 million at December 31, 2025 to $83.4 million at June 30, 2026. Automotive segment gross margin fell to 41.5% in Q2 2026 on added testing facility expenses, and automotive design-win revenue is not expected to ramp until 2027. Segment revenue has been volatile, with CIB falling from $74.5 million in 2022 to $36.3 million in 2024 before recovering to $51.7 million in 2025. The shares are down about 76% over five years, and the NYSE has moved to commence delisting proceedings for the company's public warrants (VLNW).
Compiled by commissioned research from 8 cited public sources β 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 β not independently audited.
Timeline Β· 10
launches, deals, and filingsDean Martin was appointed to lead the Automotive Business Unit, effective September 1, 2026.
Barco selected Valens HDBaseT chipsets to power its new ClickShare USB-C Extension over CAT kit, reported as a Q2 2026 business highlight.
Valens introduced a reference design offering for USB3 and 4K video extension aimed at leading ODM customers, which it said drove millions of dollars in bookings.
Valens appointed Karine Pinto-Flomenboim as Chief Financial Officer, effective August 9, 2026.
The NYSE announced it would commence delisting proceedings with respect to the warrants of Valens Semiconductor Ltd. (VLNW).
Yoram Salinger is listed as Chief Executive Officer since November 12, 2025.
Valens and PTK Acquisition Corp. completed their business combination after PTK stockholder approval on September 28, 2021. The combined company, named Valens, expected its shares and public warrants to begin trading on the NYSE under VLN and VLNW on September 30, 2021. The transaction generated approximately $155 million of gross proceeds from trust cash after redemptions plus a PIPE.
$155M source β
Valens announced a business combination with special purpose acquisition company PTK Acquisition Corp. in a transaction valued at approximately $1.1 billion.
$1.1B source β
Valens announced a $63 million investment from Oppenheimer Asset Management and Linse Capital, bringing total equity raised to $167 million; existing investors included Goldman Sachs and Samsung. Proceeds were earmarked for extending the product portfolio.
$63M source β
Valens received a Technology & Engineering Emmy Award for its HDBaseT technology.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Automotive Chip Company Valens Raises $63 Million - CTechcalcalistech.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Valens (NYSE: VLN) do?
- Israeli fabless chipmaker behind HDBaseT and MIPI A-PHY connectivity chipsets for audio-video and automotive systems.
- Who are Valens (NYSE: VLN)'s investors?
- Valens (NYSE: VLN)'s investors include 10D, Amiti Ventures, Aviv Venture Capital, F4 Ventures, Magenta Venture Partners, Mitsui Global Investment.
- Is Valens (NYSE: VLN) publicly traded?
- Yes β Valens (NYSE: VLN) trades on NYSE under the ticker VLN.