Groq

Groq Raises $750M in Series E

Groq has successfully raised $750M in a Series E at a $6.9B valuation led by BlackRock, Neuberger Berman.

Company Overview

Groq is a AI/ML company headquartered in Mountain View, CA, founded in 2016 with 400+ employees.

Provider of AI compute centers and language processing unit chips

Fundraising Details

• Amount Raised: $750M
• Round Type: Series E
• Valuation: $6.9B
• Date: 2025-09-28
• Investors: BlackRock, Neuberger Berman

About Groq

Provider of AI compute centers and language processing unit chips The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Mountain View, CA
• Founded: 2016
• Team Size: 400+
• Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in Groq's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Groq's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $6.9B valuation marks an important milestone for Groq, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, Groq is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-09-28. For more information about Groq, visit their headquarters at Mountain View, CA.