Company intelligence
As of July 31, 2026, Eliyan was last valued at $1B (July 2026 Series C) and has raised at least $145M in equity across 1 sourced funding round.
Develops chiplet-to-chiplet interconnect technology for AI infrastructure and data centers.
Eliyan develops interconnect technology that eases bottlenecks in moving data between AI chips in data centers.[1] Eliyan is based in Santa Clara, California.[1] Eliyan both licenses its technology and supplies chiplets that companies building custom processors can integrate into their own designs.[1] The company claims its chiplet interconnect delivers up to four times the performance at half the power of other solutions.[2] Seligman managing partner Umesh Padval, who was on Mellanox's board when it was sold to Nvidia, joined Eliyan's board.[1] The company said the financing will fund next-generation interconnect development, ecosystem partnerships and scaled manufacturing.[2]
Chief strategy officer Patrick Soheili told Reuters that revenue was in the low millions of dollars in 2025 and that the company forecasts hundreds of millions of dollars in sales by the end of 2027.[1]
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Eliyan is a semiconductors company, based in Santa Clara, California, USA, founded 2021 by Ramin Farjadrad, Syrus Ziai, Patrick Soheili.
| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Jul 29, 2026 | Series C | $145M | $1 billionpost-money | SiliconANGLEPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
On July 29, 2026 Eliyan completed a $145 million Series C at a $1 billion valuation, led by Seligman Ventures with Cisco Investments and Lumentum as new strategic investors.[3]
Eliyan, the AI chip-interconnect startup last valued above $1 billion, has drawn takeover interest and held early talks with Arm, The Information reported, though no deal terms or price have been disclosed.
Simile, CAIS, Eliyan and Freehand raised a combined $590M in the last two weeks of July for synthetic-user modeling, alternative-investment AI, chip interconnects and supply-chain agents — infrastructure and tooling money the model-layer headlines mostly missed.
Eliyan raised $145 million in Series C funding at a $1 billion valuation, becoming a unicorn as it scales chiplet interconnect technology designed to fix the data bottleneck that leaves AI chips idle much of the time.
On July 29, 2026 Eliyan completed a $145 million Series C at a $1 billion valuation, led by Seligman Ventures with Cisco Investments and Lumentum as new strategic investors.[3]
Farjadrad is CEO and co-founder.[1]
Eliyan is based in Santa Clara, California.[1]
Eliyan develops interconnect technology that eases bottlenecks in moving data between AI chips in data centers.[1]
Eliyan has raised at least $145M in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $145M Series C in July 2026 at a $1 billion post-money valuation, reported by SiliconANGLE. Debt financing, tender offers and secondary sales are not counted.
Lead investors in Eliyan's sourced funding rounds include Seligman Ventures. Per round: its July 2026 Series C was led by Seligman Ventures.
Eliyan was founded in 2021 and is headquartered in Santa Clara, California, USA, according to DataCenterDynamics and Eliyan (official site, Contact page).
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.
