AI Hardware

SambaNova Systems

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

$676M
Total Raised
Series D
Latest Round
2017
Founded
500+
Employees
3101 Jay Street, Palo Alto, CA 94306
1 min read

Quick Facts

Valuation
$5.1B
Latest Round Size
$676M
Latest Round Date
April 2024

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

Key Investors

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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources