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Venture Capital News: OXMIQ Raises $35 Million Series A Funding

2026-07-03
CAMPBELL, CA, OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, closed its $35 million Series A financing.
OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, closed its $35 million Series A financing, bringing the company's total capital raised to $60 million. The funding will scale OxCore™, OXMIQ's licensable GPU architecture that allows semiconductor companies and AI system builders to build custom AI silicon without a full chip program.

The round was co-led by Fundomo and Samsung Catalyst Fund, with participation from MediaTek, AM Intelligence Labs, Pegatron Venture Capital, CDIB-TEN, Darwin Ventures, and Morgan Creek Digital, among other financial and strategic investors. OXMIQ's expertise spans the full AI stack, from renewable power and data center infrastructure to silicon IP, electron-to-token machines (ETMs™), along with the software that runs AI factories and agents.
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