Funding round
SiFive Series F
SiFive, which works in RISC-V processor core IP licensing in Santa Clara, raised $175M in a Series F round announced on 16 Mar 2022, led by Coatue, at a $2.50B post-money valuation. 12 firms took part. It is SiFive's fifth venture round on record; the one before was a Series E in Aug 2020.
$175M
Amount raised
$2.50B
Post-money valuation
$2.30B pre-money
12
Investors
1 lead
7.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced SiFive at $2.50B after the new money. The $175M bought investors about 7.0% of the company. It came 19 months after SiFive's Series E. It is 23% of the $761M SiFive has raised in the venture rounds on record. SiFive raised again 49 months later: a Series G round of $400M in Apr 2026, at $3.65B post-money.
SiFive's funding rounds
SiFive has 6 venture rounds on record. This one is highlighted.
- Series B 8 May 2017, led by Spark Capital $8.5M
- Series C 2 Apr 2018, led by Sutter Hill Ventures, Spark Capital and Osage University Partners $51M
- Series D 6 Jun 2019 $65M
- Series E 11 Aug 2020, led by SK hynix $61M
- Series F this round 16 Mar 2022, led by Coatue $175M$2.50B post-money
- Series G 9 Apr 2026, led by Atreides Management $400M$3.65B post-money
Investors
Who put money in
Coatue led the round with 11 other firms.
Lead investor
- Coatue backs 229 venture-backed companies new investor
Also in the round
- AMD through Xilinx Ventures new investor
- backs 34 venture-backed companies new investor
- Intel Capital backs 239 venture-backed companies new investor
- Osage University Partners new investor
- backs 48 venture-backed companies new investor
- Qualcomm Ventures backs 140 venture-backed companies new investor
- Samsung Venture Investment backs 126 venture-backed companies new investor
- SK hynix new investor
- Spark Capital backs 234 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- Western Digital Capital new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Acorns Investment Consultants & Financial Advisors | 9 Mar 2022 | $300M | $1.90B | TPG |
| SHEIN Clothing Stores | 30 Apr 2022 | $1.88B | not disclosed | not named |
| XpressBees Shipping Couriers | 9 Feb 2022 | $300M | $1.20B | Blackstone and TPG |
| Salsify Tech Companies | 13 Apr 2022 | $200M | $2.00B | TPG |
| Bloomreach Tech Companies | 23 Feb 2022 | $175M | $2.20B | Goldman Sachs Asset Management and Goldman Sachs |
| SpotOn Payment Processing & Point of Sale | 18 May 2022 | $300M | $3.60B | Dragoneer Investment Group |
| Creditas Loans & Financing | 25 Jan 2022 | $260M | $4.80B | Fidelity Management and Research Company |
| Moglix Industrial Machinery & Supplies | 28 Jan 2022 | $250M | $2.60B | Tiger Global and Alpha Wave Global |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did SiFive raise in its Series F round?
SiFive raised $175M in its Series F round, announced in Mar 2022.
Who led SiFive's Series F round?
Coatue led it, with AMD through Xilinx Ventures, Ibex Investors, Intel Capital, Osage University Partners and Prosperity7 Ventures and 6 more.
What was SiFive's valuation at the Series F round?
$2.50B post-money ($2.30B pre-money).
Did SiFive raise again after this round?
Yes: a Series G round in Apr 2026 of $400M at $3.65B post-money.