# Tenstorrent funding rounds and investors

As of 19 Oct 2026, Tenstorrent has raised $993M across 3 verified rounds on record, plus 1 round still being checked; latest: $693M Series D led by AFW Partners and Samsung Securities, announced 2 Dec 2024.

Develops AI processors and licenses chip designs

Website: https://tenstorrent.com/  
Headquarters: Toronto, Canada  
Page: https://fireround.dev/companies/tenstorrent

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2024-12-02 | Series D | $693M | AFW Partners, Samsung Securities | Fidelity Management & Research Company, Bezos Expeditions, XTX Markets, Corner Capital, Protagonist, MESH, Export Development Canada, LG Technology Ventures, Innovation Engine, Baillie Gifford, Healthcare of Ontario Pension Plan (HOOPP), Hyundai Motor Group, LG Electronics | [tenstorrent.com](https://tenstorrent.com/en/newsroom/tenstorrent-closes-693m-of-series-d-funding-led-by-samsung-securities-and-afw-partners), [prnewswire.com](https://www.prnewswire.com/news-releases/tenstorrent-closes-693m-of-series-d-funding-led-by-samsung-securities-and-afw-partners-302319584.html), [siliconangle.com](https://siliconangle.com/2024/12/02/ai-chip-startup-tenstorrent-raises-693m-deepening-rivalry-nvidia) |
| 2023-08-02 | Strategic financing up-round | $100M | Hyundai Motor Group, Samsung Catalyst Fund | Fidelity, Eclipse Capital, Epiq Capital, Maverick Capital, Kia, Catalyst Fund | [tenstorrent.com](https://tenstorrent.com/en/newsroom/tenstorrent-raises-a-strategic-up-round), [tenstorrent.com](https://tenstorrent.com/newsroom/tenstorrent-raises-a-strategic-up-round), [prnewswire.com](https://www.prnewswire.com/news-releases/tenstorrent-raises-a-100m-strategic-up-round-co-led-by-hyundai-motor-group-and-the-samsung-catalyst-fund-301891181.html) |
| 2021-05-20 | Series C | $200 million | Fidelity Management & Research Company | Eclipse Capital, Epic CG, Moore Capital | [tenstorrent.com](https://tenstorrent.com/en/newsroom/tenstorrent-raises-over-200-million-at-1-billion-valuation-to-create-programmable-high-performance-ai-computers), [tenstorrent.com](https://tenstorrent.com/newsroom/tenstorrent-raises-over-200-million-at-1-billion-valuation-to-create-programmable-high-performance-ai-computers), [tenstorrent.com](https://tenstorrent.com/zh/newsroom/tenstorrent-raises-over-200-million-at-1-billion-valuation-to-create-programmable-high-performance-ai-computers) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.