FundraiseBase by

Cornelis Networks

Raised $205M, announced 14 September 2026.

Round

Cornelis Networks raised $205 million led by IAG Capital Partners alongside the launch of its Active Compute Fabric and a Qualcomm collaboration.

Amount: $205M
Announced: 14 September 2026
Lead: IAG Capital Partners
Use of funds: Fund its expansion into scale-up networking
Checked: Amount and date matched across 3 press sources

Company

Develops networking systems for AI and high-performance computing data centers

Founded: 2020
Sector: AI
Website: cornelis.com ↗

Founder

Lisa SpelmanChief ExecutiveLinkedIn ↗

Sources and links

Sources: Cornelis Networks Raises $205M in Funding - FinSMEs news.google.com
Cornelis lands $205M to make AI networks compute, not just connect | Network World networkworld.com
Cornelis Networks raises $205M and scales up and out with its new Active Compute Fabric - SiliconANGLE siliconangle.com
Website: cornelis.com ↗
LinkedIn: Lisa Spelman ↗

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