Israeli serial chip entrepreneur Avigdor Willenz’s newest startup Aspect Labs has raised $50 million at an estimated firm valuation of $500 million, “Globes” has realized. The sources added that the financing spherical was led by US insurance coverage firm Constancy, which invests in privately-held tech firms, with participation from funding agency Atreides, which has beforehand invested in different firms based by Willenz. That is the primary institutional funding spherical raised by Aspect Labs, which is growing AI processors for inference, the stage by which AI fashions are activated after they’ve already been skilled.
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Aspect Labs workplaces are in Tel Aviv’s Azrieli Towers and it has over 100 workers, a lot of them former workers of Habana Labs. Aspect Labs executives decline to speak to the media and workers don’t point out on social media websites like LinkedIn that they work for the corporate.
Willenz based and bought Habana Labs to Intel for $2 billion, having beforehand bought Annapurna Labs to Amazon for $380 million and Galileo to Marvell Applied sciences for $2 billion. Two years in the past Willenz advised “Globes” that he had moved to Switzerland and lowered his actions in Israel in response to the federal government’s judicial reform but it surely now appears that with Aspect Labs he’s once more concerned in a significant Israeli startup.
Aspect Labs declined to answer this report.
Serial entrepreneur who bought firms for billions
Aspect Labs was based by a extremely revered staff within the funding world: Willenz and the founders of Habana Labs – David Dahan and Ran Halutz. Willenz was additionally a accomplice within the funding in Havana Labs and the brand new startup introduced in certainly one of his former colleagues, Manuel Alba-Marquez, his former accomplice in Galileo, as an early investor. The affiliation with Willenz and the founders of Habana Labs opens doorways for Aspect Labs in each main chip manufacturing unit and each electronics firm. Willenz’s former accomplice in Israeli investments, Lip-Bu Tan was appointed Intel CEO final month.
That is the corporate’s Collection A financing spherical, after beforehand elevating capital primarily from its founders, serial entrepreneurs who’ve beforehand bought firms for billions of {dollars}. Aspect Labs is already at a complicated stage. The funding is meant to convey it to finish the primary sequence of chips and to start manufacturing exams (type-out) at TSMC factories, the everlasting chip manufacturing unit of Wilenz’s startup firms, which has already produced the chips for Annapurna Labs and Habana Labs up to now.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 14, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
