Others

Series D

Series C

Series A

Seed

Series B

Pre-Seed

Debt Financing

Unknown Series Round

Levant

Rest of World

Tel Aviv

Find Cardumen Capital's funding history, portfolio highlights, and investment focus on Lucidity Insights today.

Cardumen Capital

European-Israeli alternative investment manager supervised by CNMV with offices in Madrid and Tel-Aviv.

NeuReality

Artificial Intelligence

Computers

AI/IoT

Machine Learning

NeuReality provides an express lane for large AI pipelines, seamlessly routing tasks to purpose-built AI devices and swiftly delivering responses to your customers, while conserving both resources and capital.

CoreTigo

DoControl

IVIX

Alison AI

SaaS

Enterprise Software

Artificial Intelligence (AI)

Alison.ai augments your workflow to accelerate content creation, boost performance, and fine-tune your creative strategy.

New York

Nagish

Software

Telecommunications

Nagish’s mobile app allows people who are deaf or hard of hearing to communicate via phone by converting speech-to-text and text-to-speech faster and more accurately than ever before.

Second Nature AI

Loops

Analytics

Vendict

Substrata

Marketing/Sales

Substrata optimizes B2B sales and high-ticket dealmaking by analyzing multiple communication layers—verbal, nonverbal, and contextual—in deal-related interactions.

Humavox Wireless Charging

Consumer Electronics

Munch

Peech

Configu

Consulting

bananaz

Product Design

bananaz is an AI-based platform designed to transform the way companies manage design changes with its powerful AI copilot and comparison tools.

Raftt

Collaboration

Kahoona

Information Technology

Illumex

MultiVu Technologies

Health Care

Spinach.io

Lendai

Finance

MagicYard

Spotlight.ai

Binaris

Apps

NeuReality, a Tel Aviv, Israel-based AI Inference and data center infrastructure company, raised $20M in funding.

The round, which brought the total amount to $70M, was led by European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech and OurCrowd, with participation from Cardumen Capital, Glory Ventures and Alumni Venture Group.

The company intends to use the funds to accelerate the deployment of its NR1™ AI Inference Solution to more customers and users — enabling it to shift faster from early deployment phase to growth in other markets, regions and generative AI.

Co-founded by Yossi Kasus, Moshe Tanach, and Tzvika Shmueli, NeuReality is an AI technology innovation company that creates purpose-built AI Inference system architecture, hardware, and software for current and future AI applications. Its technology transforms how companies operate daily AI inferencing with its holistic, ready-to-use NR1 AI Inference solution that supports limitless deep learning models and customer choice in hardware providers and open-source software.

NeuReality AI solutions are accessible for all governments and businesses large and small – with a set of industry partners to deliver and deploy.

NeuReality Raises $20M in Funding

NeuReality today announced that it raised $35 million in a Series A funding round led by Samsung Ventures, Cardumen Capital, Varana Capital, OurCrowd and XT Hi-Tech with participation from SK Hynix, Cleveland Avenue, Korean Investment Partners, StoneBridge, and Glory Ventures. Co-founder and CEO Moshe Tanach tells TechCrunch that the tranche will be put toward finalizing the design of NeuReality’s flagship AI inferencing chip in early 2023 and shipping it to customers.

NeuReality lands $35M to bring AI accelerator chips to market

NeuReality, an Israeli AI hardware startup that is working on a novel approach to improving AI inferencing platforms by doing away with the current CPU-centric model, is coming out of stealth today and announcing an $8 million seed round. The group of investors includes Cardumen Capital, crowdfunding platform OurCrowd and Varana Capital. The company also today announced that Naveen Rao, the GM of Intel’s AI Products Group and former CEO of Nervana System (which Intel acquired), is joining the company’s board of directors.

The founding team, CEO Moshe Tanach, VP of operations Tzvika Shmueli and VP for very large-scale integration Yossi Kasus, has a background in AI but also networking, with Tanach spending time at Marvell and Intel, for example, Shmueli at Mellanox and Habana Labs and Kasus at Mellanox, too.

It’s the team’s networking and storage knowledge and seeing how that industry built its hardware that now informs how NeuReality is thinking about building its own AI platform. In an interview ahead of today’s announcement, Tanach wasn’t quite ready to delve into the details of NeuReality’s architecture, but the general idea here is to build a platform that will allow hyperscale clouds and other data center owners to offload their ML models to a far more performant architecture where the CPU doesn’t become a bottleneck.

NeuReality raises $8M for its novel AI inferencing platform

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Cardumen Capital

Funding Deals, by Startup Growth Stage

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We Invest in Startups in the Following Stages

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