Tenstorrent Raises $693M in Oversubscribed Series D, Valued at $2B




📅 - Tenstorrent, a leader in artificial intelligence computing, has announced the successful close of its Series D funding round, raising over $693 million at a pre-money valuation of $2 billion. The round, led by Samsung Securities and AFW Partners, attracted significant investor interest and was oversubscribed.

Both Samsung and AFW have long-standing ties to Tenstorrent, underscoring their confidence in the companys vision and technology.

The funding round saw participation from an array of prominent investors, including XTX Markets, Corner Capital, MESH, Export Development Canada, Healthcare of Ontario Pension Plan, LG Electronics, Hyundai Motor Group, Fidelity Management & Research [...][... Check source for end of article ...]
Tags: AI

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