Cornelis raises $205 million to take on Nvidia in AI networking
The 2020 Intel spinoff sells an open networking fabric that works with any GPU or accelerator.
Cornelis Issuer · IAG Capital Partners Lead investor
Intelligence
The deal
- Type
- Funding
- Amount
- $205M
- Status
- Announced
- Round
- funding round
- Valuation
- Not recorded
- Region
- Not recorded
- Date
- 14 September 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Cornelis Issuer
IAG Capital Partners Lead investor
Activity