Diligence memo · auto-generated · as of July 3, 2026
Rain Neuromorphics Inc.
Rain Neuromorphics Inc. has raised $31M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Rain Neuromorphics Inc. operates in Hardware / Semiconductors, based in San Francisco, CA, USA. We build artificial intelligence processors inspired by the brain.
Sub-sector tags: Artificial Intelligence, Hardware, Neurotechnology, ai/ml, hardware/semi.
Capital & rounds (filed)filed
Rain Neuromorphics Inc. has raised $31M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $31M on 2022-01-10.
Most recent recorded round closed around 2022-01-10.
Valuation (modeled)modeled
Provath models Rain Neuromorphics Inc. at approximately $368M (range $74M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 4.5 yr ago; this sector typically re-raises about every 16 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 87% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Reed Semiconductor Corp.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.