Low-energy chip startup Efficient Computer closes on $97M in funding

What happened

said today it has closed on a $97 million round of funding in the second major investment it has picked up this year. UPDATED 21:44 EDT / SEPTEMBER 29 2026 INFRA Low-energy chip startup Efficient Computer closes on $97M in funding by Mike Wheatley Low-energy chip startup Efficient Computer Co.

It brings the company’s total amount raised so far to $650 million. Efficient, which closed on a $60 million round in February, is in the process of bringing to market an entirely new kind of energy-efficient computer chip based on a data flow architecture.

The round was led by TQ Ventures and saw participation from Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, ​Toyota Ventures, Overmatch and Borderless. It claims that they can potentially reduce energy consumption by up to 100 times compared with the x86 chip architecture employed by companies such as Intel Corp.