The data analytics APU provider has exited stealth mode and disclosed $70m in seed and series A funding, the latter round co-led by Koch Disruptive Technologies.

Chemicals and energy conglomerate Koch Industries has co-led a $55m series A round for Israel-based big data technology developer Speedata disclosed as the latter announced emerged from stealth.

The round was co-led with venture capital firms 83North and Walden Catalyst Ventures and also featured returning investors Pitango First and Viola Ventures and angel investors including Eyal Waldman. Koch was represented by corporate VC vehicle Koch Disruptive Technologies.

Founded in 2019, Speedata has built accelerated processing units (APUs) designed to help…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn