Tenstorrent raises $118M as part of its $1.5B Series E round, led by Trace Capital. The funding will help deploy its Galaxy servers at scale for AI applications.
Amount Raised
$118 Million
Round Type
Series E
SydneyFinancial ServicesVenture CapitalAngel InvestmentInvestors
Description
Tenstorrent, a privately-held AI chipmaker, has raised approximately $118 million in a Series E funding round valued at $1.5 billion. The investment was facilitated by NonPublic, allowing Australian investors access to this US technology unicorn. Major global institutional investors participated, including ARK Invest and Citadel. The new funding will be used to scale Tenstorrent's Galaxy servers for further AI developments.
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Tenstorrent raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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