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Speedata Raises $44M to Launch Breakthrough Big Data Analytics Chip

Tel Aviv-based startup Speedata has raised $44 million in a Series B round to launch the world’s first Analytics Processing Unit (APU), a ...

TPS Breaking News

Jerusalem, 4 June, 2025 (TPS-IL) — Tel Aviv-based startup Speedata has raised $44 million in a Series B round to launch the world’s first Analytics Processing Unit (APU), a chip purpose-built to accelerate big data analytics.

Backed by Walden Catalyst, 83North, Koch Disruptive Technologies and others, Speedata’s APU promises massive performance gains for data-heavy industries like finance and healthcare. The company says its Callisto-powered chip reduces processing times by up to 280x while cutting costs and energy use.

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Wednesday, 15 April 2026 Updated continuously
Crime 4 hours ago New

Further to publications concerning police officers’ participation in the program “The Patriots” – we note that this involves inviting police officers, Border Police fighters, and representatives of additional emergency and rescue forces, including the Fire and Rescue Services,

Israel Police clarifies participation in "The Patriots" program, approved by all relevant bodies, emphasizing apolitical nature and previous involvement.