The Technology team advised Upscale AI, Inc. on a $200 million Series A financing led by Tiger Global, Premji Invest, and Xora Innovation with participation from Maverick Silicon, StepStone Group, Mayfield, Prosperity7 Ventures, Intel Capital, and Qualcomm Ventures. This new investment brings the total funding received to over $300 million. With an additional $200 million in new financing, Upscale AI will be delivering the first full-stack, turnkey platform spanning silicon, systems, and software built to interconnect the heterogeneous future of AGI. The company will use the funding to rapidly expand its engineering, sales, and operations teams as it moves into commercial deployment.
Upscale AI is a high-performance AI networking company accelerating AI democratization through open-standard, full-stack, turnkey solutions. Its portfolio of silicon, systems, and software is purpose-built for ultra-low-latency networking, enabling breakthrough performance and scalability across AI training, inference, generative AI, edge computing, and cloud-scale deployments.
The Goodwin team was led by Craig M. Schmitz, Scott French, Susie Chen, Jordan Lee, Luca Amato, Kevin Liu, Patrick Park, Ce Li, and Nate Cunningham, with invaluable help from Natalia Yaroshevskiy and Andrea Morales.
For more information on the deal, please read the press release.