SiFive Raises $400 Million Series G at $3.65 Billion Valuation Ahead of Planned IPO

RISC-V chip designer SiFive has raised $400 million in Series G funding led The financing demonstrates continued investor appetite for semiconductor companies developing alternatives to dominant chip architectures. SiFive designs processors based on the RISC-V open standard, which has gained traction among technology companies seeking to reduce their reliance on proprietary instruction set architectures. The funding round follows years of development for the RISC-V ecosystem, which has moved from academic and research applications into commercial products. Multiple technology companies have announced RISC-V-based chips for various applications, from embedded controllers to data center processors. Little's confirmation that SiFive plans to go public marks a significant milestone for the company and the broader RISC-V ecosystem. The timing suggests confidence in the company's revenue trajectory and market position. Atreides Management led the round. The investment brings SiFive's total funding to date to more than $650 million.