Xcena, whose MX1 chip performs data orchestration and KV cache management directly within memory modules, raised a $135M Series B at a $570M valuation (Kate Park/TechCrunch)
Xcena raised $135 million to commercialize memory-module chips for KV cache management and AI inference bottlenecks.
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<a href="https://techcrunch.com/2026/05/29/xcena-secures-135m-at-570m-valuation-betting-on-memory-as-ais-real-bottleneck/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260529/i17.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260529/p17#a260529p17" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Kate Park / <a href="http://techcrunch.com/">TechCrunch</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/05/29/xcena-secures-135m-at-570m-valuation-betting-on-memory-as-ais-real-bottleneck/">Xcena, whose MX1 chip performs data orchestration and KV cache management directly within memory modules, raised a $135M Series B at a $570M valuation</a></b></span> — Every time you ask ChatGPT a question, your request triggers a data relay race. Information leaves memory, passes through a CPU for preprocessing … </p>
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