Velaura AI
Component · US
Ultra-low-power silicon and IP (Titan Core) licensed to chip designers to cut the energy per AI arithmetic operation by 2-4x, plus a Physical AI SoC.
Velaura AI (Santa Clara, CA; formerly Auradine) sells ultra-low-power silicon and intellectual property for AI compute. Its Titan Core platform is a digital design and IP block that the company says cuts energy per arithmetic operation inside AI accelerators by 2-4x; it is licensed to chip designers for an upfront fee plus royalties tied to power saved, rather than sold as a merchant chip. A second line, a Physical AI SoC, targets robots and drones where power and thermal headroom determine payload and runtime. The underlying circuits were proven across more than 30 million production ASICs built during the company's bitcoin-mining ASIC phase (velaura.ai; BusinessWire Series A release, 2026-08-18).
Research mapping
Physical AI / Edge Compute & Control Silicon (L5) / Component
Evidence boundary
Original analysis and independent corroboration remain under development. Commercial scale and durable technical advantage remain under review.
What makes it defensible
Reusable ultra-low-power arithmetic circuits already silicon-proven across 30M+ ASICs - a licensed-IP position that improves any accelerator's tokens-per-watt without the customer changing foundry or architecture.
Position in the stack: IP licensor sitting beneath accelerator designers and hyperscalers. It does not sell chips, so value capture depends entirely on being designed into someone else's SoC - high leverage if adopted, but no direct product relationship with end buyers and no revenue until tape-out.
Who buys it
Founding team
Rajiv Khemani — Co-founder and CEO — Co-founded Innovium (TERALYNX Ethernet switching ASICs), sold to Marvell for roughly $1.1B in 2021; previously COO at Cavium; co-founded Auradine, now Velaura, in 2022.
Manu Gulati — Co-founder and Chief Development Officer — Silicon architect across Apple, Google and Qualcomm; co-founded NUVIA, acquired by Qualcomm for about $1.5B.
Sanjay Gupta — Co-founder — Named co-founder of Velaura/Auradine by the company's Series A coverage.
YJ Kim — Co-founder — Named co-founder of Velaura/Auradine by the company's Series A coverage.
SourceFinancing detail
- Last round
- $110M Series A (Aug 2026)
Investors: Seligman Ventures
Mapped funds and investors
Direct relationships supported by published evidence.
Reported holdings as-of
No sourced relationships mapped yet.
Disclosed investment history
No sourced relationships mapped yet.
Showing up to four relationships in each group. ETF weights describe the fund’s portfolio, not ownership of this company. Private investment history does not establish current ownership.