Dell Technologies Capital has returned for a $240m series B round, having already backed a $53m series A for the silicon chip designer last November.

US-based data processing unit designer Nuvia received $240m yesterday in a series B round including Dell Technologies Capital, the corporate venturing division of computing technology producer Dell.

Mithril Capital led the round, which also included funds managed by BlackRock, Temasek, Fidelity, Atlantic Bridge, Redline Capital, Capricorn Investment Group, Mayfield, Nepenthe, WRVI Capital and private investors Sehat Sutardja and Weili Dai.

Founded in February 2019, Nuvia is working on silicon semiconductor architectures for data centres that are energy efficient while delivering…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.