Last updated 2026-07-20
- Raised $50M Series A led by Fidelity Investments, Mar 2025
- Raised Series B led by Ran Halutz
Total raised
$50.0M
Last: Undisclosed Round 2026-06
Stage
Series A
Founded
2024
Headcount
350
HQ
Tel Aviv, Israel
Sector
Industrial Technologies
About
Element Labs is an Israeli chip startup focused on developing AI processors for inference operations in small and local data centers. The company aims to distribute AI processing workloads more efficiently, reducing the strain on large data centers and enhancing processing capabilities closer to end-users. Their technology is designed to improve response times and alleviate bandwidth and energy consumption challenges associated with centralized data processing, particularly for tasks like natural language processing and image recognition.
Funding history · 2 rounds · $50.0M total
2025-03
A Round
$50.0M
★ Fidelity InvestmentsAtreides Management
Date unknown
B Round
Undisclosed
★ Ran Halutz★ David Dahan★ Manuel Alba★ Avigdor Willenz
Headcount over time
From 1 (2024-06) to 100 (2025-04) · +99 (+9900%) · 3 points · source: Finder history + radar grounding
Q&A
- What is Element Labs' primary focus?
- Element Labs (Touch) is focused on developing AI processors, particularly for inference operations in small and local data centers, aiming to distribute AI processing workloads more efficiently.
- When was Element Labs founded?
- Element Labs was founded in May 2024.
- How many employees does Element Labs have?
- Element Labs has 201–500 employees.
- Who are the co-founders of Element Labs?
- The co-founders of Element Labs are Avigdor Willenz, Ran Halutz, and David Dahan.
- What is Element Labs' current funding stage and total amount raised?
- Element Labs is currently in its Series A stage and has raised a total of $400,000,000.
- When did Element Labs complete its Series A funding round and who were the lead investors?
- Element Labs completed its Series A round in April 2025, raising $50,000,000 with Fidelity as a lead investor.
- Where is Element Labs headquartered?
- Element Labs is headquartered in Tel Aviv, Israel.
Team · 3
Avigdor Willenz
Founder · Founder
Ran Halutz
Founder · Founder
David Dahan
Founder · Founder
Sectors & technology
Primary sector
Industrial Technologies
Technologies
Target customers
Business model
B2B
Highlights
Climate Tech
Tags
ai processorsinference operationslocal data centersai chipssemiconductor
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2024-5 |
|---|---|
| Employees (exact) | 350 |
Radar intelligence
Patents
| EPO | 30 |
|---|