AI/ML

Tenstorrent

Tenstorrent raises $693M Series D at $2.7B valuation

$693M
Total Raised
Series D
Latest Round
2016
Founded
400+
Employees
Toronto, Canada
1 min read

Quick Facts

Valuation
$2.7B
Latest Round Size
$693M
Latest Round Date
December 2024

Tenstorrent: Series D Funding Round

Tenstorrent has successfully raised $693M in Series D funding, reaching a valuation of $2.7B.

Company Overview

AI chip and processor manufacturer

Funding Details

The Series D round was led by Samsung, with participation from Hyundai, Fidelity.

Company Information

  • Headquarters: Toronto, Canada
  • Founded: 2016
  • Employees: 400+
  • Category: AI/ML

Investment

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

About the Investors

  • Samsung: Verified investor in Series D
  • Hyundai: Verified investor in Series D
  • Fidelity: Verified investor in Series D

Key Investors

Samsung
Lead Investor
Verified investor in Series D
Hyundai
Investor
Verified investor in Series D
Fidelity
Investor
Verified investor in Series D

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources