Valens Semiconductor
- π¦Became a unicorn2021
- πPeak valuation$1.16 Billion β21
- πBecame a Unitard2022
- πΈLast valuation estimate~$197M
The rise & fall
5 moments Β· 2006β2025The key moments.
How it happened
Valens Semiconductor is an Israeli fabless chip company whose technology moves high-speed audio, video and data over simple cables β the basis of the HDBaseT standard in pro-AV and, later, MIPI A-PHY chips aimed at connecting cameras and sensors in cars.
It listed on the NYSE in September 2021 through a SPAC merger with PTK Acquisition at a $1.16B valuation, at the height of the chip and SPAC booms. Slow automotive design-win ramps and the broader collapse of SPAC valuations sent the stock down roughly 80%, leaving Valens a small-cap worth around $200M despite holding substantial cash.
Source: Algemeiner / Wikipedia / stockanalysis (Israeli fabless chipmaker for automotive and audio-video connectivity, e.g. HDBaseT and MIPI A-PHY; Sept 2021 NYSE SPAC merger with PTK Acquisition at a $1.16B valuation; market cap ~$0.2B in 2025-26, well below $1B)
Who ran it
- Gideon Ben-ZviCEO
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
