Startups Directory

4 funded startups. Filter by industry or funding round. Updated weekly.

Showing 4 of 4
Company Round Amount Date Industry Location
DriveNets
DriveNets provides a cloud-native, software-based routing platform that disaggregates network software from proprietary hardware, enabling communication service providers to scale from 2.4Tbps to 921Tbps on commodity white-box infrastructure. The company's Network Cloud and Network Cloud-AI products apply cloud architecture principles to telecom networks, reducing costs and increasing flexibility. Already deployed across major tier-1 operators including AT&T (handling 52% of core traffic), Comcast, Vodafone, and Orange, DriveNets is transforming how global networks are built and operated.
Series C $262M 2022-08-17 Cloud Data Services Israel
Lightmatter
Lightmatter develops photonic processors and interconnects that dramatically reduce energy consumption and latency in AI computing by replacing electrical connections with optical ones. The company's Envise chip combines traditional electronics with integrated photonic elements for AI acceleration, while its Passage interconnect technology enables data to move 100x faster between chips. They serve hyperscale cloud providers and AI data center operators, addressing the critical bottleneck of data movement energy consumption in modern AI workloads.
Series C $155M 2023-12-19 Artificial Intelligence (AI) United States
Redpanda Data
Redpanda is a Kafka-compatible streaming data platform built from the ground up to be 10x faster, lighter, and simpler than Apache Kafka. It eliminates external dependencies like JVM and ZooKeeper while offering built-in schema registry, HTTP proxy, and WebAssembly-based data transforms. The platform powers real-time data processing for enterprises like Activision Blizzard, Cisco, and Moody's, with a strategic focus on the Agentic Data Plane for AI-driven applications.
Series C $100M 2023-07-03 Analytics United States
Xanadu
Xanadu develops photonic quantum computing hardware and software platforms that operate at room temperature, eliminating the extreme cooling requirements of competing approaches. The company offers Aurora, a 12-qubit universal photonic quantum computer, alongside software tools like Pennylane for quantum programming and Lightning for high-performance simulation. Its continuous-variable encoding approach provides inherently higher tolerance to manufacturing imperfections, enabling faster progress toward quantum advantage. Xanadu serves defense, aerospace, pharmaceutical, semiconductor, and automotive sectors through cloud-based access and direct partnerships.
Series C $100M 2022-11-09 Quantum Computing Canada