Total raised
$50.0M
Last: Series A 2025-04
Stage
Series A
Founded
2024
Headcount
100
HQ
Tel Aviv-Jaffa
Sector
Industrial Technologies
About
Element Labs (Touch) is focused on developing AI processors, particularly for inference operations in small and local data centers. This approach aims to distribute AI processing workloads more efficiently, reducing the strain on large data centers and enhancing processing capabilities closer to end-users. By targeting inference operations—which involve running trained AI models for tasks like natural language processing and image recognition—Touch seeks to address the growing demand for localized AI processing. This strategy not only improves response times but also alleviates bandwidth and energy consumption challenges associated with centralized data processing.
Funding history · 2 rounds · $50.0M total
2025-04
Series A
$50.0M
2024-08
Undisclosed
Undisclosed
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMicroelectronics & Photonics SolutionsClimate TechLow Carbon DataSphereEnergy TechEnergy Consumption & Efficiency
Technologies
Semiconductors & Electronics
Target customers
Enterprise & Professional ServicesITData Centers
Business model
B2B
Tags
data-center-efficiencyclimate-techai-process-optimization