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Fidelity Management & Research Company

Activity from announced rounds

Activity in this selectionHardware

Fidelity Management & Research Company is an investment adviser within Fidelity Investments, managing portfolios for investment funds and other clients, including exposure to private companies.

Fidelity’s research-led technology investing examines both public and private businesses. Its AI framework covers the computing components and infrastructure needed to run models as well as companies applying the technology, connecting private-company analysis with the wider listed market.

FMR manages capital through investment products and client mandates. A financing attributed to the manager can therefore involve fund-managed capital, rather than a standalone accelerator or a standard programme with a fixed investment offer for founders.

Sources
Rounds participated in
9
Confirmed lead rounds
1
6 roles undisclosed
New companies
8
First participation on record · 1 follow-on
Funding in participating rounds
$4B
8 disclosed · full round size, not this investor’s share

By stage

Series C+8
Growth1

By primary sector

Hardware4
AI3
Climate tech1
Space tech1

By country

United States8
Netherlands1

Rounds

9 in this selection
Tenstorrent

Tenstorrent builds AI processors, computing systems and licensable chip designs for developers, enterprises and infrastructure operators.

$1.5BSeries E
Participant
SiMa.ai

SiMa.ai builds a full-stack physical AI platform that combines purpose-built silicon and software to help developers deploy machine learning on real-world devices.

$150MSeries C
Lead
Lyte

Lyte develops perception systems for robots and autonomous machines used in inspection, logistics and manufacturing.

$165MSeries C
Participant
Xsight Labs

Fabless semiconductor company building connectivity chips for hyperscale, edge, and AI data centers

>$300MGrowth
Role not disclosed
Nearfield Instruments

Develops advanced 3D scanning probe metrology and inspection systems for semiconductor manufacturing

$380MSeries D
Role not disclosed
Astranis

Builds and operates small GEO satellites for commercial and government communications

$450MSeries E
Role not disclosed
Frore Systems

Develops advanced thermal cooling technologies for AI data centers and edge devices

$143MSeries D
Role not disclosed
SHINE Technologies

Develops commercial fusion technology for neutron testing radioisotope production and fusion energy

$240MSeries E
Role not disclosed
Cerebras Systems

Cerebras Systems develops computing infrastructure for AI.

$1BSeries H
Role not disclosed