AI Hardware

Graphcore

Graphcore raises $280M Series E at $2.5B valuation

$280M
Total Raised
Series E
Latest Round
2016
Founded
500+
Employees
1 Sekforde Street, London EC1R 0BE, United Kingdom
1 min read

Quick Facts

Valuation
$2.5B
Latest Round Size
$280M
Latest Round Date
January 2024

Graphcore: Series E Funding Round

Graphcore has successfully raised $280M in Series E funding, reaching a valuation of $2.5B.

Company Overview

AI processor chips

Funding Details

The Series E round was led by Sequoia Capital, with participation from Baillie Gifford, Draper Esprit, Merian Chrysalis Investment.

Company Information

  • Headquarters: 1 Sekforde Street, London EC1R 0BE, United Kingdom
  • Founded: 2016
  • Employees: 500+
  • Category: AI Hardware

Investment

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

About the Investors

  • Sequoia Capital: Verified investor in Series E
  • Baillie Gifford: Verified investor in Series E
  • Draper Esprit: Verified investor in Series E
  • Merian Chrysalis Investment: Verified investor in Series E

Key Investors

Sequoia Capital
Lead Investor
Verified investor in Series E
Baillie Gifford
Investor
Verified investor in Series E
Draper Esprit
Investor
Verified investor in Series E
Merian Chrysalis Investment
Investor
Verified investor in Series E

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources