Overview
- Lightspeed Venture Partners led the financing, with DST Global, NVentures (NVIDIA’s venture arm), Felicis, 49 Palms, Radical AI, and Sequoia participating.
- Co-founders Anna Goldie and Azalia Mirhoseini previously built AlphaChip, a method adopted across four generations of Google’s TPU designs.
- Ricursive says the capital will go toward hiring across research and engineering and expanding compute infrastructure to accelerate iteration across the semiconductor design stack.
- The round closed less than two months after the company’s public launch and follows a Sequoia-led seed; TechCrunch, citing the New York Times, reports total funding of about $335 million.
- Coverage highlights a broader push to build AI-driven hardware platforms, noting similarly named Recursive and Naveen Rao’s Unconventional AI as adjacent efforts that could create market confusion.