Last updated 2026-09-04
- Raised $300M Series B led by Fidelity, Jun 2026
- Raised $50M Series A led by Fidelity Investments, Aug 2024
Total raised
$350.0M
Last: Undisclosed Round 2026-06
Stage
Series A
Founded
2024
Headcount
350
HQ
Tel Aviv, Israel
Sector
Industrial Technologies
Registrar ID: 516980356 (ELEMENT LABS LTD)
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 · $350.0M total
2 events/rounds · $350.0M Total Funding: $350.0M in Private Equity
Jun 2026
Aug 2024
★ Fidelity InvestmentsFidelityAtreidesRan HalutzDavid DahanManuel AlbaWhat CapitalAvigdor WillenzManuel Alba-MarquezOrly Tsioni (acting as trustee for undisclosed investors)
Headcount over time
350 employees (2026-09) · 1 point
Offices
Tel Aviv, Israel · HQ / main office
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 · 4
Avigdor Willenz
Founder · Founder
Ran Halutz
Founder · Founder
David Dahan
Founder · Founder
Manuel Alba-Marquez
Early Investor
Sectors & technology
Primary sector
Industrial Technologies
Technologies
Target customers
Highlights
Climate Tech
Tags
ai processorsinference operationslocal data centersai chipssemiconductor
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Legal name | ELEMENT LABS LTD |
|---|---|
| Founded | 2024-5 |
| Employees (exact) | 350 |
Radar intelligence
Patents
| EPO | 30 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516980356 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2024-05-08 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 4 |
| Registry events | 10 — other (1), shares_capital (4), charge (4), annual_report (1) |
| Registered address | דרך בגין 132 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-07-28 | שינוי בתקנון |
| 2026-07-27 | הגדלה של הון רשום |
| 2026-08-24 | העברת מניות |
| 2026-05-17 | רישום שעבוד |
| 2026-08-16 | הקצאת מניות |
| 2026-02-16 | רישום שעבוד |
| 2025-10-13 | רישום שעבוד |
| 2026-02-12 | רישום שעבוד |
| 2026-01-07 | דו~ח שנתי-עדכון בעלי מניות |
| 2026-03-05 | עדכון פרטי גורמים-עדכון מספר זיהוי שגוי לבעל מניות |