# SiFive has raised $400 million from a heavyweight group of investors led by Atreides Management and backed by Nvidia.

*semiconductor · news · 2026-04-09 · TechStartups.com*

## Key points

- SiFive raised $400 million led by Atreides Management and Nvidia, reaching a $3.65 billion valuation.
- SiFive plans to use the funding to develop customizable RISC-V CPU designs specifically for data centers.
- Arm has shifted from only licensing to developing its own chips, directly competing with its customers.
- RISC-V, championed by SiFive, is now seen as mature enough for hyperscale data center deployments.
- SiFive expects this to be its final private funding round before pursuing a public offering.

**Companies:** Nvidia, Apple Inc., SiFive, SK hynix, Saudi Aramco, Apollo Global Management, D1 Capital Partners, Point72, T. Rowe Price, Capital Group, Sutter Hill Ventures
**Countries:** United States, Saudi Arabia

[Read the full story on TechStartups.com](https://techstartups.com/2026/04/09/sifive-raises-400m-from-nvidia-to-challenge-arm-in-booming-data-center-chip-market/)

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