Eliyan Corp.

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Eliyan Corp. - overview

Established

2021

Location

Santa Clara, CA-California, US

Primary Industry

Semiconductors

About

Eliyan Corp. , based in the US, specializes in advanced semiconductor interconnect technologies, providing solutions for high-performance Die-to-Die and Chip-to-Chip connections, primarily serving the demands of data centers in AI and HPC applications. Founded in 2021, Eliyan Corp. operates from Santa Clara, US, focusing on semiconductor interconnect solutions.


The founder, Syrus Ziai, has a history in technology ventures. In July 2026, Eliyan Corp. raised USD 145 million in series C funding led by Seligman Investments, with participation from Cisco Systems and Lumentum Holdings Inc. Eliyan’s primary product offerings revolve around advanced semiconductor interconnect technologies, specifically through its NuLink and NuLink-X PHY technologies.


These solutions enable high-performance Die-to-Die (D2D) and Chip-to-Chip (C2C) connections, addressing critical performance and power efficiency demands in data centers, particularly in the context of artificial intelligence (AI) and high-performance computing (HPC) applications. The NuLink technology serves as a foundational component for the company's PHY IP core products, facilitating low-power, high-performance connections that utilize standard packaging. The NuLink-X technology enhances this offering by providing robust C2C connectivity. Eliyan's products cater to a diverse array of clients in the semiconductor industry, including manufacturers of application-specific integrated circuits (ASICs) and memory solutions, operating across key markets such as North America, Europe, and Asia.


These technologies are pivotal in overcoming significant bandwidth limitations—referred to as the Memory Wall and the I/O Wall—thus enhancing system performance in HPC and AI systems. Eliyan's revenue generation is predominantly derived from the sale of its proprietary NuLink and NuLink-X PHY IP core products, which are integral to modern semiconductor designs. The primary transaction model is B2B, where the company collaborates directly with semiconductor manufacturers to integrate its technologies into their products. Clients typically engage in partnership agreements that include licensing arrangements, allowing them to utilize.


Eliyan's technology within their own designs. Transaction structures may also involve development contracts for custom solutions tailored to specific client needs, particularly in high-demand sectors like AI and HPC. The company’s flagship products are positioned as cutting-edge solutions, enhancing both performance and efficiency, which are critical factors considered by clients during the procurement process. The company will use the July 2026 funding to accelerate product development, expand customer adoption, and grow its ecosystem for next‑generation AI infrastructure.


Current Investors

Intel Capital, Celestial Capital Group, Micron Ventures

Primary Industry

Semiconductors

Sub Industries

Integrated Circuits, Semiconductors

Website

www.eliyan.com

Verticals

Manufacturing

Company Stage

Series C

Total Amount Raised

Subscriber access only

Eliyan Corp. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series CCompletedEliyan Corp.-
Unspecified RoundCompletedEliyan Corp.-
Unspecified RoundCompletedEliyan Corp.-
Series BCompletedEliyan Corp.-
Series ACompletedEliyan Corp.-

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Eliyan Corp. - employee data

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