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Rivos

Santa Clara, California, United States Semiconductors & Hardware Acquired

Rivos is a fabless semiconductor company that designs high-performance, power-efficient RISC-V data center and AI accelerator chips. The company developed integrated heterogeneous compute chiplets combining RISC-V RVA23 server-class CPUs with proprietary General-Purpose GPUs (DPA - Data Parallel Accelerator), targeting AI inference and data analytics workloads. Rivos was founded in 2021 by industry veterans from Google, Intel, and Apple with support from Walden Catalyst, and was acquired by Meta in October 2025.

Acquired

Rivos has been acquired

Acquired by Meta Platforms, Inc. October 1, 2025 $2B (estimated)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2021

Employees

400–443

Total Funding

$250M

4 rounds

Funding

Total raised $250M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

M&A exit

Date

October 2025

Amount

Not disclosed

Valuation

Lead Investors

Meta
DateRoundAmount RaisedValuationLead Investors
October 2025 M&A exit Not disclosed Meta
August 2025 Series B (planned) Not disclosed $2B Not disclosed
April 16, 2024 Series A-3 $250M Matrix Capital Management

Leadership

  • Puneet Kumar

    Founder & Chief Executive Officer

  • Mark Hayter

    Founder

  • Belli Kuttanna

    Founder

  • Tse-yu Yeh

    Founder

  • Lip-Bu Tan

    Chairman

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Nvidia

    Dominates AI chip market with CUDA ecosystem and GPUs; Rivos developed CUDA-compatible alternatives

  • Qualcomm / Ventana Micro Systems

    Qualcomm acquired Ventana for $2.4B; competing in high-performance RISC-V processors

  • Intel

    Competes with Gaudi 3 AI accelerators and custom data center chips

  • SiFive

    Leading RISC-V IP and processor design company; major player in RISC-V ecosystem

  • Esperanto Technologies

    Developing high-performance RISC-V processors for data centers and AI

  • Tenstorrent

    AI accelerator and processor company competing in inference and data center space

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