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
Editorial Team
Curated funding news from verified sources