Tenstorrent raised over $693M in a Series D funding round led by Samsung Securities and AFW Partners to accelerate growth initiatives in AI computing.

Dec 02, 2024•about 1 year ago

Amount Raised

$693 Million

Round Type

series d

Toronto

Investors

Bezos ExpeditionsBaillie GiffordFidelityHyundai Motor GroupLg ElectronicsHealthcare Of Ontario Pension PlanExport Development CanadaMeshCorner CapitalXtx MarketsAfw PartnersSamsung Securities

Description

Tenstorrent has successfully raised over $693 million in a Series D funding round. The funds will be used to develop open-source AI software stacks, expand global centers, and support various growth initiatives.

Company Information

Company

Tenstorrent

Location

150 FERRAND DRIVE

Toronto, Ontario, Canada

About

Tenstorrent is a next-generation computing company that builds computers for AI. Headquartered in Toronto, Canada, with U.S. offices in Austin, Texas, and Silicon Valley, and global offices in Belgrade and Bangalore, Tenstorrent brings together experts in the field of computer architecture, ASIC design, advanced systems, and neural network compilers. Join us: www.tenstorrent.com/careers.

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