Delos raises $100m for faster datacentre networking ICs

Delos Data, a startup founded by former Intel engineers, raised over $100 million from Matrix, Playground, Socratic Partners, Capricorn Technology Impact Fund, Matter Venture Partners, and IAG. The funds will expand teams and accelerate development of networking chips for AI infrastructure with latency around 100 nanoseconds.

• Round exceeded $100 million, investors include Matrix, Playground, Capricorn and others
• Nonstop AI interface latency is about 100 ns versus microseconds for standard NICs
• Test product Morpheus as a PCIe card is already available
• Delos expects token demand to grow about 300-fold by 2030