Samsung Catalyst Fund

#GenAI has the potential to change so many things. However, #Semiconductor innovations may be needed for wide spread adoption: new #Compute architectures and #Interconnect technologies, addressing the #MemoryWall and #PowerConsumption challenges. This creates exciting opportunities for startups to disrupt, and for #VC / #CVC to deploy! 😊 A lot is going on, as evidenced by the recently announced financing rounds of multiple #AI-related hardware startups, including some of our portfolio companies - Axelera AI (Fabrizio Del Maffeo), Celestial AI (David Lazovsky), DreamBig Semiconductor Inc. (Sohail Syed), Eliyan Corporation (Ramin Farjadrad) and Groq (Jonathan Ross). Thank you Stephen Hurford (Global Corporate Venturing) for the opportunity to voice thoughts on this exciting topic, together with Amelia Armour (Amadeus Capital Partners), Christian Patze (M Ventures ), Patrick Soheili (Eliyan Corporation) and Paul Karazuba (Expedera Inc.). https://lnkd.in/dDncFSbF Samsung Catalyst Fund

Thrilled to share news from our portfolio, Skylo, a Non-Terrestrial #Network service provider for partnering with Verizon to launch a commercial direct-to-device #messaging service. This allows Verizon customers with certain #smartphones to have access to emergency messaging and location service when no #cellular network is available. Congratulations to Parthsarathi Trivedi, Andrew Nuttall, Tarun Gupta, Andrew Kalman, and the team for reaching a major milestone! https://lnkd.in/gaR_w_7r

Fantastic news from our portfolio, Skylo, a Non-Terrestrial Network service provider! Now Skylo #connectivity enables new #satellite SOS feature available on #smartphones even when there is no cellular or Wi-fi available. Congratulations to Parthsarathi Trivedi, Andrew Nuttall, Tarun Gupta, Andrew Kalman, and the team! https://lnkd.in/eJChWtfd

Groq raises $640mm in Series D! The Samsung Catalyst Fund is excited to support Groq. Congratulations Jonathan Ross, Adam Tachner, Sunny Madra, Stuart Pann, Mohsen Moazami, Jim Miller, Igor Arsovski, Dinesh Maheshwari, Mark Heaps, Andy Rappaport, Ford Tamer, Steven Trieu and all Groqsters! Coupling a disruptive #compute architecture with a software-first approach can deliver great performance for #GenerativeAI #inference. This has the potential to unlock many new applications for #AI. Read more about it here: https://lnkd.in/dnrAhxc4 Marco Chisari Ray Schuder Cindy L. Dole Andrew Clark Gregory Belloni BlackRock Samir Menon Hassan Ejaz Chaudhry Ying Zhu Niharika Pendharkar Matthew McIlwain Morgan Stanley Marco Lagos Morales Shaan Tehal

Very warm welcome to DreamBig Semiconductor Inc., the newest member of the Samsung Catalyst Fund portfolio! Congratulations Sohail Syed, Steve Majors, Ezra Yosef and the entire DreamBig team for closing your Series B round! It’s an honor to co-lead this financing in partnership with the Sutardja Family (Weili Dai and Sehat Sutardja), with participation of Hanwha Asset Management (USA) Ltd. (Howard(DY) Kim, CFA, Young Ji Lee), and the strong investors syndicate. DreamBig’s I/O networking hub #chiplet has the potential to play a central role in chiplet based #AI solutions, addressing the ever-growing demand for intensive workloads and memory-bound applications. More here: https://lnkd.in/d5i6JZ9k Marco Chisari David (Dede) Goldschmidt Martin Scott Hamid Rategh Andrew Clark Gregory Belloni

Very excited to welcome Axelera AI to the Samsung Catalyst Fund portfolio! #AI #computation is very demanding… Axelera AI innovates with a Digital In-Memory Computing architecture offering high performance AI #acceleration at the #Edge. By computing in #memory, Axelera AI aims to address the “#MemoryWall” challenge: data does not need to move around, minimizing latency and power consumption, critical attributes for AI applications at the edge and beyond. Congratulations Fabrizio Del Maffeo Jonathan Ballon Inder M. Singh Evangelos Eleftheriou Charles Mander Flavio Devide' Jonathan Ferguson and the entire Axelera AI team! Great partnering with the investors syndicate – EIC Fund, Invest-NL (Gert-Jan Vaessen, Johan Stins, Harold van den Brink), Innovation Industries (Sander Verbrugge), Verve Ventures, CDP Venture Capital SGR, imec.xpand (Cyril Vančura). Read all about it here: https://lnkd.in/dT6ZwDrC Marco Chisari Rutie Adar Gil Rotenberg Cindy L. Dole Andrew Clark Gregory Belloni Stephen Russell

We are very pleased to share news from our portfolio, WEKA, AI-native data platform company, for closing their $140M Series E fund. Congratulations to Liran Zvibel and his team on this successful journey! Intekhab Nazeer, David (Dede) Goldschmidt, Amit Shofar #data, #AI, #GPU https://lnkd.in/dh9g7BPT

We are excited to join $37M round of Skylo Technologies, a leading direct-to-device #satellite #connectivity service provider. Congratulations to Parthsarathi Trivedi and his team on their great achievements! David Johnson, Scott Brady, Kasper Sage, David (Dede) Goldschmidt, Hamid Rategh #satellitetechnology #cellular #mobile #investments https://lnkd.in/g57ZPxv6