Ethernovia secures US$90m Series B funding

Ethernovia, a semiconductor startup developing Ethernet-based networking solutions for autonomous vehicles and robotics, has closed a Series B funding round of over US$90m led by Maverick Silicon with participation from Socratic Partners, Conduit Capital and CDIB-TEN Capital. Existing investors including Porsche SE, Qualcomm Ventures and Fall Line Capital also contributed to the round, with the company set to use the funding to accelerate development of its packet processor platform.

The California-based firm is developing packet processors designed to handle real-time sensor and AI data for autonomous driving, advanced driver assistance systems (ADAS) and robotic applications. The processors support programmable data paths and scalable Ethernet architectures.

In a statement, Ramin Shirani, Chief Executive and co-founder of Ethernovia, said: “Legacy in-vehicle and industrial networks were never designed for AI-driven workloads. However, our packet processor platform is purpose-built to eliminate these constraints, enabling zonal and centralised architectures that scale autonomy and dramatically simplify vehicle system design.”

Kenneth Safar, Managing Director of Maverick Silicon, added: “As autonomous systems become more complex, latency, power efficiency and architectural flexibility are no longer optional—they are essential. Ethernovia has fundamentally reimagined the nervous system of intelligent machines with its packet processing platform, solving a critical networking bottleneck in automotive, robotics and industrial AI.”

Source: Ethernovia