AI inference and data center infrastructure company NeuReality has raised $20 million in a funding round supported by the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd.

The latest round, which also saw participation from Cardumen Capital, Glory Ventures, and Alumni Venture Group, brings the Israeli startup’s total funding to $70 million.

NeuReality co-founders: Yossi Kasus, Moshe Tanach, and Tzvika Shmueli – NeuReality

NeuReality makes the NR1-M AI Inference Module and NR1-S AI Inference Appliance, both of which contain the company’s NR1 Network Addressable Processing Unit (NAPU) system-on-chip. The funding will be used to accelerate the deployment of the company’s NR1-M system to more customers and users.

NeuReality was founded in 2019 by Tzvika Shmueli, Yossi Kasus, and Moshe Tanach.

Tanach previously served as a director of engineering at Marvell and Intel, while Shmueli was the former VP of back-end infrastructure at Mellanox Technologies and the VP of engineering at Habana Labs. Kasus has also held senior engineering roles at Mellanox and Ezchip in the past.

“Our disruptive AI Inference technology is unbound by conventional CPUs, GPUs, and NICs. We didn’t try to just improve an already flawed system. Instead, we unpacked and redefined the ideal AI Inference system from top to bottom and end to end, to deliver breakthrough performance, cost savings, and energy efficiency,” said Tanach, NeuReality’s CEO.

“NeuReality… provides an express lane for large AI pipelines, seamlessly routing tasks to purpose-built AI devices and swiftly delivering responses to your customers, while conserving both resources and capital,” he said.