OXMIQ Labs raises $35 million in Series A funding to expand GPU architecture

OXMIQ Labs, based in California, has secured $35 million in Series A funding, bringing its total capital to $60 million. Co-led by Fundomo and Samsung Catalyst Fund, this investment focuses on improving GPU architecture and making AI technology more accessible to a wider audience.

BRIC Team

Jul 3, 2026 · 1 min read · 14 views

OXMIQ Labs raises $35 million in Series A funding to expand GPU architecture

Key Takeaways

•OXMIQ Labs raised $35 million in Series A funding, increasing its total capital to $60 million.
•The company operates a development site in Hyderabad, enhancing its GPU architecture for AI.
•Raja Koduri stated, 'AI is a force for good when it is a tool everyone can pick up and use.'
•The funding round was co-led by Fundomo and the Samsung Catalyst Fund, with contributions from MediaTek and others.
•Koduri emphasized that lowering AI computing costs will widen access to technology for more developers.

OXMIQ Labs Secures Series A Investment to Enhance AI Silicon Technology

OXMIQ Labs closed Series A round,pulling in $35 million to boost growth. With this,company's total fundraising hits $60 million . Based in California,with a development hub in Hyderabad,OXMIQ aims to advance its GPU architecture. This tech lets semiconductor firms and AI developers craft custom AI chips without heavy chip design work.

CEO Raja Koduri stressed making AI tech accessible. Lowering financial barriers is key to sparking innovation,he said. “When more people can afford to work with these tools,it invites a greater number of innovators to contribute,” he noted. Koduri is optimistic this funding will open doors for more creativity in AI.

The round drew strong investor interest,including major backing from several entities. Fundomo and Samsung Catalyst Fund were key players,alongside other influential firms. Koduri highlighted support from supply chain leaders as a good sign for OXMIQ's future ambitions…

#Hyderabad