Dell Technologies Capital co-led the first round to be disclosed by silicon chip designer Nuvia, which was founded in early 2019.

Dell Technologies Capital, the corporate venturing arm of computing technology producer Dell, led a $53m series A round for US-based data processing unit designer Nuvia on Friday.

The round was co-led by investment manager Capricorn Investment and venture capital firms Mayfield Fund and WRVI Capital, and also featured an investment entity known as Nepenthe.

Founded in early 2019, Nuvia designs silicon semiconductor architectures that incorporate advances in energy efficiency, performance and scalability in order to execute advanced computing applications.

The…