Chip company of former chip designers Apple raises 240 million dollars

Nuvia, the chip company founded by designers who have worked at Apple for years, has raised an additional $ 240 million with an investment round. In 2019, the company raised $ 53 million. Nuvia is working on ARM server processors.

The money comes from various investors, Nuvia reports in a press release. With the investments, Nuvia is working on its Orion soc, with its own designed Phoenix CPU cores based on the ARM architecture. Nuvia provided details on Orion and Phoenix in August.

According to the chip company, the performance of its own designs is better than that of recent economical Intel and AMD processors and they consume less. Nuvia is developing the chips for use in data centers. It is not yet known when the first products will be on the market.

Nuvia was founded in early 2019 by three chip designers who worked for years at Apple on socs. These are Gerard Williams III, Manu Gulati and John Bruno. The former was the chief designer of Apple socs from the A7 to the A12X. He worked for Apple for nine years. Gulati and Bruno worked at Apple on socs for eight and five years, respectively.

The founders all have a long track record. Gerard Williams III, Nuvia’s CEO, started as an intern at Intel in 1995. Later he also worked for Texas Instruments and ARM. Manu Gulati worked not only at Apple, but also at AMD, Broadcom and Google. He was appointed by the latter in 2017 as lead soc architect. John Bruno started at video chip manufacturer ATI and later went to work at AMD on APUs. He spent five years at Apple and one year with Google’s hardware team.