FundedIQ
Hardware

Ascenium: Funding, Investors & Team (Sep 2026)

Ascenium is a fabless semiconductor startup that develops a general-purpose microprocessor. It was incorporated in 2019 and is based in Campbell, California.

www.ascenium.com LinkedIn Campbell, United States 11-50 employees
Total raised
$48.0M
Rounds
2
Latest
Undisclosed round
Nov 2021

Ascenium has raised $48.0M across 2 funding rounds on record, the most recent an undisclosed round of $23.0M announced in Nov 2021.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Ascenium Company Profile and Key Stats

Total funding raised
$48.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$23.0M in Nov 2021
Employees
11-50
reported band
Headquarters
Campbell, United States

Latest funding round on record: Nov 2021.

Ascenium Funding Rounds

Date
Round
Amount
Undisclosed round
$23.0M
Undisclosed round
$25.0M

Ascenium raised $25.0M in an undisclosed round announced in Jul 2021.

4 months later, an undisclosed round of $23.0M was announced in Nov 2021.

Ascenium Founders and Leadership Team

Name
Role
Contact
Pete Foley
CEO

No contact details are on record for this team yet.

Ascenium Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,722
$7.5M

Ascenium's latest round of $23.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Ascenium Funding FAQs

What does Ascenium do?

Ascenium is a fabless semiconductor startup that develops a general-purpose microprocessor. It was incorporated in 2019 and is based in Campbell, California.

How much funding has Ascenium raised?

Ascenium has raised $48.0M across 2 rounds on record. The most recent is an undisclosed round of $23.0M announced in Nov 2021.

When did Ascenium last raise funding?

Ascenium's most recent funding round on record is an undisclosed round of $23.0M, announced in Nov 2021.

Who is the CEO of Ascenium?

Pete Foley is listed as CEO at Ascenium.

Where is Ascenium headquartered?

Ascenium is based in Campbell, California, United States.

How many employees does Ascenium have?

Ascenium is in the 11-50 employee band.

How does Ascenium's funding compare to other Hardware startups?

Ascenium's latest round of $23.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Ascenium Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ascenium is left off this page rather than filled in.

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