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Astera Labs hits $950M valuation

September 28, 2021

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Astera Labs has raised a $50 million Series C led by Fidelity Management & Research. The funding values the Bay Area-based company at $950 million. Astera Labs is the developer of fabless semiconductor products designed to manage data-centric systems.

Additional Investors

Atreides Management, Avigdor Willenz, GlobalLink1 Capital, Intel Capital, Sutter Hill Ventures, Valor Equity Partners, VentureTech Alliance

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