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AI Hardware

SambaNova Systems

SambaNova Systems raises $676M Series D at $5.1B valuation

3101 Jay Street, Palo Alto, CA 94306April 10, 20241 min read
Total Raised
$676M
Valuation
$5.1B
Latest Round
Series D
Employees
500+

SambaNova Systems: Series D Funding Round

SambaNova Systems has successfully raised $676M in Series D funding, reaching a valuation of $5.1B.

Company Overview

AI chip and systems company

Funding Details

The Series D round was led by SoftBank Vision Fund 2, with participation from BlackRock, Intel Capital, GIC, Temasex Holdings, Walden International.

Company Information

  • Headquarters: 3101 Jay Street, Palo Alto, CA 94306
  • Founded: 2017
  • Employees: 500+
  • Category: AI Hardware

Investment

SambaNova Systems plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • SoftBank Vision Fund 2: Verified investor in Series D
  • BlackRock: Verified investor in Series D
  • Intel Capital: Verified investor in Series D
  • GIC: Verified investor in Series D
  • Temasex Holdings: Verified investor in Series D
  • Walden International: Verified investor in Series D

Company Info

Headquarters
3101 Jay Street, Palo Alto, CA 94306
Founded
2017
Team Size
500+
Last Round
$676M(Apr 2024)

Investors (6)

S
SoftBank Vision Fund 2Lead
Lead Investor
Verified investor in Series D
B
BlackRock
Investor
Verified investor in Series D
I
Intel Capital
Investor
Verified investor in Series D
G
GIC
Investor
Verified investor in Series D
T
Temasex Holdings
Investor
Verified investor in Series D
W
Walden International
Investor
Verified investor in Series D

Topics

verified(3079)real-funding(3079)sambanova-systemsai hardwareseries-d3101-jay-street

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