Founded Year

2012

Stage

Series C | Alive

Total Raised

$200M

Valuation

$0000 

Last Raised

$200M | 5 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-126 points in the past 30 days

About DF

Diamond Foundry Inc. produces single-crystal diamond wafers for the technology sector. These wafers are used in AI, electric vehicles, and wireless communications. The company also offers a semiconductor-grade tech stack and follows a green manufacturing model. It was founded in 2012 and is based in San Francisco, California.

Headquarters Location

322 East Grand Avenue

San Francisco, California, 94080,

United States

888-322-4397

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ESPs containing DF

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Semiconductors & HPC

The diamond semiconductors market helps businesses access diamond semiconductors’ exceptional thermal conductivity, high breakdown voltage, and wide bandgap, which make diamond semiconductors ideal for high-power, high-temperature, and high-frequency applications. The unique properties of diamond enables the creation of highly efficient and reliable electronic devices that can operate under extrem…

DF named as Highflier among 7 other companies, including Power Diamond Systems, Great Lakes Crystal Technologies, and Okuma Diamond Device.

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Research containing DF

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned DF in 2 CB Insights research briefs, most recently on Sep 23, 2024.

Expert Collections containing DF

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DF is included in 5 Expert Collections, including E-Commerce.

E

E-Commerce

11,424 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,309 items

L

Luxury Tech

419 items

Tech-enabled companies launching new luxury brands, as well as startups providing tech solutions to the luxury industry, including e-commerce tools, marketing, and more. While these companies may not exclusively target luxury companies, they have notable luxury partners.

S

Semiconductors, Chips, and Advanced Electronics

7,494 items

Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more

A

Artificial Intelligence (AI)

20,629 items

DF Patents

DF has filed 2 patents.

The 3 most popular patent topics include:

  • hybrid electric buses
  • hybrid electric cars
  • hybrid powertrain
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/18/2018

3/1/2022

Thin film deposition, Semiconductor device fabrication, Coatings, Plasma physics, Chemical processes

Grant

Application Date

10/18/2018

Grant Date

3/1/2022

Title

Related Topics

Thin film deposition, Semiconductor device fabrication, Coatings, Plasma physics, Chemical processes

Status

Grant

Latest DF News

Why diamonds are a computer chip’s new best friend

Oct 10, 2025

In an undated photo from Diamond Foundry, manufacturing diamonds for computer chips by making a plasma, or very hot gas, rich in carbon, which is coaxed to deposit carbon atoms in precisely the right configuration. Data centres squander vast amounts of electricity, most of it as heat. The physical properties of diamond offer a potential solution, researchers say. — Diamond Foundry via The New York Times With tech companies racing to build more data centres housing servers that run the latest artificial intelligence models, the amount of electricity these facilities consume is skyrocketing. But most of that electricity doesn’t power computing at all. It is squandered in the crudest way: as heat, spilling out of every one of the hundreds of billions of transistors in a modern chip. “The dirty secret in chips is that more than half of all energy is wasted as leakage current at the transistor level,” said R. Martin Roscheisen, an electrical engineer and entrepreneur at Diamond Foundry, a company in South San Francisco that manufactures specialised diamonds for use in electronics. This heat is a great waste of energy that significantly shortens a chip’s life and makes it run less efficiently, generating still more wasteful heat. Consequently, one of the critical tasks in data centres is keeping the temperature of servers down so they can run smoothly. Roscheisen is one of many engineers developing ways to embed tiny pieces of synthetic diamond, of all things, into chips to keep them cool. Diamond, in addition to being the hardest known material, is exceptionally good at moving heat from place to place. “Most people do not realise that diamond has the best heat-conduction properties of any material,” said Paul May, a physical chemist at the University of Bristol in England. He added that diamond conducts heat several times faster than copper, a material often used in heat sinks for chips. The high thermal conductivity of diamond arises from the same property that makes it so hard: Each carbon atom is bonded strongly to four neighbours, with no weak link in any direction. Those strong bonds are efficient at carrying the vibrations that move heat through a crystal. “High-end electronics can already be bought that use diamond heat-spreaders,” May said. “Within a few years, even the processor in your home PC or mobile phone will probably be attached to a diamond heat-spreader.” In recent years, Roscheisen’s company has been exploring how to make a thin layer of heat-dissipating diamond and attach it to the back of the silicon wafers on which chips are built. One selling point of this approach is that its thin diamond layers are made of single crystals, which are better at dissipating heat than arrays of crystals are. But such thin layers are harder to make, and consequently more expensive. The company manufactures diamonds by making a very hot gas, or plasma, rich in carbon and coaxing it to deposit carbon atoms in precisely the right configuration. A key step, according to the company, is tricking each diamond to begin crystallising as if it were growing atop a layer of existing, perfectly ordered diamond. This effectively shows the new carbon atoms how to fit together. Proceeding without that instruction, the company’s website states, “is like multiple people trying to tile a floor from different ends of a room without using a template: They would meet somewhere in the middle without fitting” into a single, unified crystal. After making the diamond disks, which are 4 inches wide, the company says that it uses patented techniques to smooth the diamond so flat that there is no defect larger than one atom above or below the entire surface of the wafer. Customers can then attach the flat diamond wafer to the bottom of their silicon-based chips. The diamond layers “dissipate chip hot spots entirely”, Roscheisen said. “They’re effectively gone.” “This approach could dramatically lower thermal resistance,” said Evelyn Wang, a mechanical engineer at the Massachusetts Institute of Technology, but she noted that the technology has not yet been proved commercially. Element Six, which is owned by De Beers, the diamond company, has long manufactured diamonds for industrial use and for cooling the chips used in powerful radio communication devices, including communication satellites. Now it is marketing its diamonds for cooling computer chips. “The thermal demands of next-generation AI and high-performance computing devices are driving renewed interest in advanced cooling solutions,” said Bruce Bolliger, the head of business development. In January, the company announced a new material, a hybrid of diamond and copper intended to channel heat better than copper alone while being cheaper than diamond. “Copper-diamond composite provides an optimal thermal management solution” for powerful new chips, Bolliger said, which could let them run faster, increase their lifetimes and decrease the cooling costs for data centres. Srabanti Chowdhury, an electrical engineer at Stanford University, is using diamond to explore a new, more powerful kind of computer chip. Historically, the main way to increase the speed of chips was to shrink transistors and cram more of them together on a flat silicon wafer. But chipmakers are running up against physical limits to how small they can make transistors. Researchers have tried to solve the problem by layering transistors on top of one another, but multiple layers produce even more heat. Chowdhury’s group sought to siphon off heat using diamond layers made of many crystals, which are easier to manufacture than single crystals. But it faced obstacles. Usually in polycrystalline diamond layers, the crystals are oriented vertically and not so good at moving heat horizontally, which is the major requirement in chips, because chips are flat and wide. Moreover, diamond is typically grown at temperatures over 1,300°F (704.444°C), but that is far too hot for the silicon that serves as the chip’s foundation. When Chowdhury’s group tried to deposit diamond on silicon at a lower temperature, it had trouble getting the crystals to form correctly. “Every crystal that likes to grow at high temperatures, there are problems when you grow it at low temperatures,” she said. The research is partly funded by DARPA, the research agency of the US Department of Defense. “Pairing this low-temperature technology with other heat-removal approaches could unlock compute capabilities that aren’t currently feasible,” said Yogendra Joshi, a mechanical engineer at the Georgia Institute of Technology and a program manager at DARPA. Chowdhury said that she and other researchers are trying to address a challenge that is both old and new. “The problem of heat was already there, but now that the growth really came with AI, it’s like a hockey stick – we see this problem growing very big,” she said. “I have not seen anything that was so important so quickly.” – ©2025 The New York Times Company

DF Frequently Asked Questions (FAQ)

  • When was DF founded?

    DF was founded in 2012.

  • Where is DF's headquarters?

    DF's headquarters is located at 322 East Grand Avenue, San Francisco.

  • What is DF's latest funding round?

    DF's latest funding round is Series C.

  • How much did DF raise?

    DF raised a total of $200M.

  • Who are the investors of DF?

    Investors of DF include Fidelity Investments, Future Tech Lab, Andreas Bechtolsheim, Mark Goldstein, David Spector and 13 more.

  • Who are DF's competitors?

    Competitors of DF include HiQuTe Diamond and 7 more.

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Compare DF to Competitors

A
Adamas Nanotechnologies

Adamas Nanotechnologies produces nanodiamond products for various applications in technology and industry. The company offers nanodiamond particles and plates for quantum sensing, fluorescent imaging, and industrial uses like diamond growth seeding and wear-resistant additives. Adamas Nanotechnologies serves sectors that require materials for sensing, imaging, and durability. It was founded in 2010 and is based in Raleigh, North Carolina.

L
Limelight Lab Grown Diamonds

Limelight Lab Grown Diamonds specializes in lab grown diamond jewellery within the diamond industry. The company offers SGL-certified jewellery featuring diamonds that are chemically, optically, and physically identical to natural diamonds, created using advanced CVD technology. Limelight caters to the luxury jewellery market. It was founded in 2019 and is based in Mumbai, India.

I
IIa Technologies

IIa Technologies is a company focused on lab-grown diamond technology within the gem and jewelry industry. The company's main service involves growing diamonds above the ground for various applications, using a sustainable process based on Microwave Plasma Chemical Vapor Deposition technology. These lab-grown diamonds are primarily used in the mechanical, high technology, and gem and jewelry industries. It was founded in 2005 and is based in Singapore.

F
FemtoSci

FemtoSci focuses on advanced material technologies, specifically in the domain of functionalized diamond nanoparticles, within the materials science and electronics sectors. The company's main offerings include the development of additives for enhancing the thermal and mechanical performance of liquids and solids, as well as creating sensors, detectors, and microelectronic components designed to operate in extreme environments. FemtoSci's products are primarily utilized in the enhancement of thermal conductivity for transformer oils and plastics, and in the development of robust electronics for high-stress conditions. It was founded in 2012 and is based in Nashville, Tennessee.

DiamFab Logo
DiamFab

DiamFab specializes in the development of diamond semiconductor technology for various industries. Their products are synthetic diamonds designed for electronics and extreme conditions, suitable for applications such as quantum computing. The company primarily caters to sectors that require advanced materials with high temperature, voltage, and radiation resistance. It was founded in 2019 and is based in Grenoble, France.

Carbodeon Logo
Carbodeon

Carbodeon develops and supplies nanodiamond additives for industrial applications. The company offers nanodiamond-based products for metal plating, low friction coatings, and improvements in thermal and mechanical properties in polymers. Carbodeon's products are used in sectors such as oil and gas, where equipment reliability and operational efficiency are important. It was founded in 2006 and is based in Vantaa, Finland.

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