AI/ML
Groq
Groq raises $640M Series D at $2.8B valuation
$640M
Total Raised
Series D
Latest Round
2016
Founded
300+
Employees
Mountain View, CA
1 min read
Quick Facts
Valuation
$2.8B
Latest Round Size
$640M
Latest Round Date
August 2024
Groq: Series D Funding Round
Groq has successfully raised $640M in Series D funding, reaching a valuation of $2.8B.
Company Overview
Simplifies compute to accelerate AI and machine learning workloads with LPU technology
Funding Details
The Series D round was led by BlackRock, with participation from Neuberger Berman.
Company Information
- Headquarters: Mountain View, CA
- Founded: 2016
- Employees: 300+
- Category: AI/ML
Investment
Groq plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- BlackRock: Verified investor in Series D
- Neuberger Berman: Verified investor in Series D
Key Investors
BlackRock
Lead Investor
Verified investor in Series D
Neuberger Berman
Investor
Verified investor in Series D
About the Author
Editorial Team
Curated funding news from verified sources
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