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Efficient Computer raises $97M in Series B funding to scale its processors for datacenter deployment, led by TQ Ventures and supported by notable investors.

PRIVATESep 29, 2026

Amount Raised

$97 Million

Round Type

Series B

PittsburghEnergySoftwareArtificial IntelligenceMachine Learning

Investors

Mana VenturesTF CapitalTO CapitalTriatomic CapitalGiant VenturesUnion Square VenturesOvermatchToyota VenturesTQ VenturesEclipseBorderless

Description

Efficient Computer has announced over $97 million in Series B financing at a $650 million valuation. This funding will enable the company to scale its breakthrough energy-efficient processors for datacenter applications. The round was led by TQ Ventures, with investments from several notable firms. Efficient aims to significantly improve energy consumption in computing systems.

Quick answer

Efficient Computer raised $97 Million in a Series B round, dated September 29, 2026. Investors: Mana Ventures, TF Capital, TO Capital, Triatomic Capital, Giant Ventures, Union Square Ventures, Overmatch and Toyota Ventures. Efficient Computer is based in Pittsburgh, Pennsylvania, United States.

How much did Efficient Computer raise?
Efficient Computer raised $97 Million in a Series B round on September 29, 2026.
Who invested in Efficient Computer?
Mana Ventures, TF Capital, TO Capital, Triatomic Capital, Giant Ventures, Union Square Ventures, Overmatch and Toyota Ventures are named as investors in this round.
What does Efficient Computer do?
Efficient is developing the world’s most energy-efficient general-purpose processor by combining ultra-efficient hardware with a developer-friendly compiler and software stack that delivers 10–100× efficiency gains..
Where is Efficient Computer based and how big is it?
Efficient Computer is based in Pittsburgh, Pennsylvania, United States. Fundz records about 49 employees.
Who are the decision-makers at Efficient Computer?
Fundz holds 1 contact at Efficient Computer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Software around the same time

Companies in the same sectors as Efficient Computer that raised within 45 days of this round, from Fundz verified event records.

  • IREN raised $363M (Debt Financing) on October 28, 2026.
  • Lumilab raised an undisclosed amount (Pre-Seed) on October 20, 2026.
  • Qvyon Technologies raised $8M (Seed) on November 12, 2026.
  • mistEO raised $1.9M (Seed) on November 12, 2026.
  • Kindo raised $30M on November 12, 2026.
  • Axle raised $9M on November 12, 2026.

Who to call at Efficient Computer, and when

A new round usually means Efficient Computer is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
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Company Information

Company

Efficient Computer

Location

Pittsburgh, Pennsylvania, United States

About

Efficient is developing the world’s most energy-efficient general-purpose processor by combining ultra-efficient hardware with a developer-friendly compiler and software stack that delivers 10–100× efficiency gains across applications, including AI. Founded in 2022 to commercialize a decade of architectural innovation, the company has produced two silicon implementations of its Fabric architecture—the Electron E0 prototype and the Electron E1, its first commercial chip, now shipping to customers and scaling to volume in 2026. Efficient’s technology powers applications from physical AI and robotics to space, defense, automotive, consumer devices, and edge-to-datacenter computing, positioning it as a key solution to computing’s growing energy demands.

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Fundz sees it the moment Efficient Computer raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Efficient Computer raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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