WRVI Capital

WRVI Capital is a prominent venture capital firm established in 2000, specializing in investments in early-stage technology companies worldwide. With offices in California, Israel, India, and China, the firm combines extensive investment and operational experience, totaling over 400 years among its management team and investment professionals. WRVI Capital focuses on supporting exceptional entrepreneurs and disruptive technologies that have the potential to shape the future. In addition to its investment activities, the firm provides advisory services through IndusAge, offering expertise in enterprise innovation and scaling, addressing key operational areas such as strategic direction, revenue management, and governance. By leveraging a deep network of strategic relationships, WRVI Capital aims to drive business growth and enhance enterprise value for its portfolio companies.

James B. Fleming

Senior Advisor

Steve Fu

Partner

Roni Hefetz

Partner

Andrew Kau

Partner

Michael Marks

Founding Managing Partner

Niel Ransom

Partner

Teresa Smith

Chief Financial Officer

Gani Subramaniam

Partner

Guhan Vivekanand

Senior Associate

Past deals in ASIC

Stathera

Series A in 2023
Stathera transforms the global timing market from Quartz-based to MEMS-based devices.

Auradine

Series A in 2023
Auradinescalability, sustainability and security solutions for the infrastructure, enabled by revolutionary blockchain, security, zero-knowledge and AI technologies.

Alif Semiconductor

Venture Round in 2022
Alif Semiconductor, Inc. specializes in developing wired and wireless embedded processing solutions aimed at enhancing connectivity and performance across various sectors, including industrial, medical, infrastructure, consumer, automotive, and security. Incorporated in 2019 and headquartered in Pleasanton, California, the company operates a system-on-chip (SoC) design center in Irvine, California, and a communications technology center in Bengaluru, India. Alif Semiconductor focuses on creating innovative edge processing solutions that are secure, low-power, and high-performance, thereby transforming how developers approach connected systems in a cost-effective manner.

Atonarp

Series D in 2021
Atonarp Inc. is a scientific instrumentation company specializing in molecular analysis tools. Founded in 2009 and headquartered in Tokyo, Japan, with additional offices in Fremont, California, and Bengaluru, India, Atonarp develops advanced mass spectrometers, including the AMS 1000 and LyoSentinel. The AMS 1000 is a cloud-connected, AI-enabled mass spectrometer designed for real-time chemical analysis, while the LyoSentinel is a miniaturized device focused on gas detection during the lyophilization process. Atonarp's spectrometers serve various industries, including pharmaceuticals and semiconductors, by monitoring critical parameters to ensure process quality and compliance. The company is also pioneering the Smart Spectrometer platform, which enhances gas-composition analysis capabilities for manufacturers in sectors like oil and gas and healthcare, promising improvements in cost, size, accuracy, and maintenance. Atonarp is currently in the sampling phase for this platform and plans to enter volume production shortly.

Innovium

Series F in 2020
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Eta Compute

Debt Financing in 2020
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Innovium

Series E in 2019
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Eta Compute

Series B in 2019
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Fungible

Series C in 2019
Fungible creates hardware and software platforms for data centers. The company's mission is a chip responsible for data movement. This chip is low latency, high throughput, and highly programmable. Its founders have a track record leading and impacting the networking, silicon and software industries. The company is based in Santa Clara, California and was founded on 2015.

CNEX Labs

Series D in 2019
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Lion Semiconductor

Series B in 2019
Lion Semiconductor Inc. develops power/battery integrated circuits (IC) for mobile electronics. It offers battery charger ICs and single-chip PMICs for mobile devices. Its switched-capacitor ICs are used for wireless and wired charging in mobile phones. The company was incorporated in 2012 and is based in San Francisco, California. It has additional offices in Seoul, South Korea; and Shenzhen, China.

Eta Compute

Seed Round in 2018
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Innovium

Series D in 2018
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Eta Compute

Series A in 2017
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Fungible

Series B in 2017
Fungible creates hardware and software platforms for data centers. The company's mission is a chip responsible for data movement. This chip is low latency, high throughput, and highly programmable. Its founders have a track record leading and impacting the networking, silicon and software industries. The company is based in Santa Clara, California and was founded on 2015.

CNEX Labs

Series C in 2017
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Innovium

Series C in 2016
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Fungible

Series A in 2016
Fungible creates hardware and software platforms for data centers. The company's mission is a chip responsible for data movement. This chip is low latency, high throughput, and highly programmable. Its founders have a track record leading and impacting the networking, silicon and software industries. The company is based in Santa Clara, California and was founded on 2015.

Atonarp

Series B in 2016
Atonarp Inc. is a scientific instrumentation company specializing in molecular analysis tools. Founded in 2009 and headquartered in Tokyo, Japan, with additional offices in Fremont, California, and Bengaluru, India, Atonarp develops advanced mass spectrometers, including the AMS 1000 and LyoSentinel. The AMS 1000 is a cloud-connected, AI-enabled mass spectrometer designed for real-time chemical analysis, while the LyoSentinel is a miniaturized device focused on gas detection during the lyophilization process. Atonarp's spectrometers serve various industries, including pharmaceuticals and semiconductors, by monitoring critical parameters to ensure process quality and compliance. The company is also pioneering the Smart Spectrometer platform, which enhances gas-composition analysis capabilities for manufacturers in sectors like oil and gas and healthcare, promising improvements in cost, size, accuracy, and maintenance. Atonarp is currently in the sampling phase for this platform and plans to enter volume production shortly.

Innovium

Series B in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Lion Semiconductor

Series A in 2015
Lion Semiconductor Inc. develops power/battery integrated circuits (IC) for mobile electronics. It offers battery charger ICs and single-chip PMICs for mobile devices. Its switched-capacitor ICs are used for wireless and wired charging in mobile phones. The company was incorporated in 2012 and is based in San Francisco, California. It has additional offices in Seoul, South Korea; and Shenzhen, China.

CNEX Labs

Series B in 2015
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Innovium

Series A in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Atonarp

Series A in 2014
Atonarp Inc. is a scientific instrumentation company specializing in molecular analysis tools. Founded in 2009 and headquartered in Tokyo, Japan, with additional offices in Fremont, California, and Bengaluru, India, Atonarp develops advanced mass spectrometers, including the AMS 1000 and LyoSentinel. The AMS 1000 is a cloud-connected, AI-enabled mass spectrometer designed for real-time chemical analysis, while the LyoSentinel is a miniaturized device focused on gas detection during the lyophilization process. Atonarp's spectrometers serve various industries, including pharmaceuticals and semiconductors, by monitoring critical parameters to ensure process quality and compliance. The company is also pioneering the Smart Spectrometer platform, which enhances gas-composition analysis capabilities for manufacturers in sectors like oil and gas and healthcare, promising improvements in cost, size, accuracy, and maintenance. Atonarp is currently in the sampling phase for this platform and plans to enter volume production shortly.

CNEX Labs

Series A in 2014
CNEX Labs, Inc. develops storage semiconductor and software solutions. It offers NVMe PCIe SSD controller ASIC that supports LightNVM/Open-Channel operation that includes native NVMoE I/O connectivity. The company’s NVMe and Open-Channel SSD controller ASICs deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined-storage. Its controller products accelerate the capabilities of big data computing and analytics for cloud, hyperscale, and enterprise data centers. The company was incorporated in 2013 and is based in San Jose, California with additional offices in Copenhagen, Denmark; Shanghai, China; Hangzhou, China; and Tokyo, Japan.

Lion Semiconductor

Seed Round in 2013
Lion Semiconductor Inc. develops power/battery integrated circuits (IC) for mobile electronics. It offers battery charger ICs and single-chip PMICs for mobile devices. Its switched-capacitor ICs are used for wireless and wired charging in mobile phones. The company was incorporated in 2012 and is based in San Francisco, California. It has additional offices in Seoul, South Korea; and Shenzhen, China.