Ethernovia

Application Specific Semiconductors · San Jose, CA · Founded 2018 · Privately Held (backing)

Operator of an automotive networking technology company intended for next-generation vehicle communication. Ethernovia is based in San Jose, CA and was founded in 2018. It was valued at $370 million at its later-stage round in Jan 2026, the last priced event on record. It has raised $155 million across 2 recorded rounds; the latest was a $90 million Series B in Jan 2026.

PMV mark · valuation
$370.0M
Oct 2026
Priced at
its later-stage round
Jan 2026
Total raised
$154.6M
Last round
Later Stage VC (Series B)
Jan 2026

Ethernovia key facts

as of Oct 2026
  • Operator of an automotive networking technology company intended for next-generation vehicle communication.
  • Ethernovia is valued at approximately $370.0M as of Oct 2026, set at its later-stage round, Jan 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $154.6M across 2 recorded rounds; the latest was Later Stage VC (Series B) ($90.0M) in Jan 2026.
  • Notable investors include Qualcomm Ventures, Raptor Group, AMD Ventures, Fall Line Capital, Maverick Silicon — 12 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$370.0M

Valued at $370.0M at its later-stage round, Jan 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Ethernovia funding rounds

2 rounds
Jan 2026Later Stage VC (Series B)$90.0M▮
May 2023Later Stage VC (Series A)$64.0M▮

Ethernovia valuation

Ethernovia was valued at $370 million at its later-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Ethernovia raised?

Ethernovia has raised $155 million across 2 recorded rounds since 2023. The largest was a $90 million Series B in Jan 2026.

Ethernovia investors

12 investors are on record for Ethernovia, including Qualcomm Ventures, Raptor Group, AMD Ventures and Fall Line Capital. The Series B in Jan 2026 drew 8 investors.

Comparable companies

Comparable application specific semiconductors names by valuation on PrivateMarketView: Empower Semiconductor ($192 million), Baya Systems ($169 million) and Cysic ($112 million).

About Ethernovia

Operator of an automotive networking technology company intended for next-generation vehicle communication. The company integrates high-performance Ethernet components, scalable switches, and advanced packet processors, ensuring efficient data transmission and system consolidation, features multi-gigabit connectivity, artificial intelligence-driven interconnects, and software-defined services, enabling automotive manufacturers to enhance autonomous driving capabilities, optimize in-vehicle data flow, and support intelligent mobility while maintaining safety, reliability, and future-ready infrastructure.

Industry
Application Specific Semiconductors
Sector
Information Technology
HQ
San Jose, CA, United States
Founded
2018
Employees
103
Ownership
Privately Held (backing)

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