Chiplet technology startup Baya Systems has raised more than $36 million in a Series B funding round.
The raise was led by Maverick Silicon and backed by a strategic investment from Synopsys. It also saw participation from current investors, including Matrix Partners and Intel Capital.
The company, which develops system-on-chip (SoC) and chiplet systems, said it would use the funding to support operational growth and accelerate the development and deployment of its technology.
Growing AI workloads are driving the need for system-on-chip designs - a single chip containing compute components - to evolve into a chiplet-type design which Baya refers to as a system-of-chip, or a collection of chips that work together.
Baya Systems says that by using chiplets, it can better support AI and compute-heavy applications by offering scalable performance, optimized power, and reduced costs, when compared to more traditional approaches.
The company added that its WeaveIP portfolio is compatible with custom and standard protocols, including CHI, ACE5-Lite, and AXI5, while its WeaverPro software platform provides support across the entire design process.
“Designing increasingly complex combinations of CPUs, GPUs, neural network accelerators and other processors is a brute-force solution that the industry cannot rely on forever. It simply comes with too many risks: high re-engineering costs, difficulty scaling and potentially hitting the market with sub-par metrics,” said Dr. Sailesh Kumar, founder and CEO of Baya Systems. “Baya’s performance-focused, software-based approach, coupled with our unique transport and modular fabric IP, is designed from the ground up to produce complex multi-die solutions that are correct by construction with a simplified design process.”
Founded in March 2023 by Kumar, Dr. Eric Norige, and Joji Philip, the company emerged from stealth in June 2024. It already has a number of partnerships, including with Tenstorrent, which licenses Baya technology for its AI and RISC-V chiplet solutions. Tenstorrent CEO Jim Keller sits on Baya Systems' board of directors.
