Develops AI processors and licenses chip designs
tenstorrent.comLinkedInToronto, CanadaSemiconductorsFounded 2016
5 sources
The release says Tenstorrent is headquartered in North America but does not state a headquarters city and country or state.
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The article says Tenstorrent’s post-money valuation is unclear and recalls a valuation above $2 billion for its last raise; no valuation is stated for this round.
4 sources
The financing was structured as convertible debt. Reuters says Tenstorrent would not formally have a new valuation until a later equity fundraising, so the reported $1 billion valuation is not attributed to this round.
5 sources
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series D [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $693M at $2 billion pre-money valuation | 2024-12-02 | AFW Partners, Samsung Securities | No recent discussion |
5 sources [ VERIFIED · CORRECTED ] read against 1 of 5 sources
The release says Tenstorrent is headquartered in North America but does not state a headquarters city and country or state. | ||||
Tenstorrent builds AI computers and processor chips for developers, enterprises, and sovereign infrastructure, and licenses its RISC-V and AI designs to companies that want to customize their own silicon.
Checked against 10 sources on Oct 9
| Convertible convertible note funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $100M $334.5M to date | 2023-08-04 | Hyundai Motor Group, Samsung Catalyst Fund | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The article says Tenstorrent’s post-money valuation is unclear and recalls a valuation above $2 billion for its last raise; no valuation is stated for this round. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Strategic financing up-round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $100M | 2023-08-02 | Hyundai Motor Group, Samsung Catalyst Fund | No recent discussion |
4 sources [ VERIFIED · CORRECTED ] read against 1 of 4 sources The financing was structured as convertible debt. Reuters says Tenstorrent would not formally have a new valuation until a later equity fundraising, so the reported $1 billion valuation is not attributed to this round. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]4 pages read: tenstorrent.com, prnewswire.com, reuters.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 of 4 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Series C [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $200M at $1 billion valuation | 2021-05-20 | Fidelity Management & Research Company | No recent discussion |
5 sources [ VERIFIED ] read against 1 of 5 sources [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]5 pages read: tenstorrent.com, fortune.com, aibusiness.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 5 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: Kia Motors, Real Ventures