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TENSTORRENT
Tenstorrent
AI / Semiconductor · Toronto · Canada · Founded · 2019 · ≈ · 500 · employees

Tenstorrent Funding — Last Valued at $2.5B

Private

Tenstorrent has raised $693M across 1 funding round. The latest round valued Tenstorrent at $2.6B, with Samsung Securities, AFW Partners, Jeff Bezos, LG Electronics, Fidelity on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Tenstorrent funding · at a glance
Total raised, all rounds
$693M
sum of disclosed sizes
Funding rounds
1
priced rounds
Latest round
$2.6B
Dec 2024
Lead on that event
Samsung Securities
lead investor
2024
About Tenstorrent

Tenstorrent is backed by investors including Lowercarbon Capital and Khosla Ventures, whose funding supports its build-out of AI processors and open compiler software as an alternative to established chipmakers.

Funding timeline

The Tenstorrent funding timeline

1 funding round, the latest highlighted.

2019
Tenstorrent founded

Tenstorrent was founded in 2019, Canada.

DEC 2024LATEST

A primary round — the company sells new shares to investors it selects. $693M raised, led by Samsung Securities, AFW Partners, Jeff Bezos, LG Electronics, Fidelity.

Valuation basisAmount$693MPrice / shareLeadSamsung Securities, AFW Partners, Jeff Bezos, LG Electronics, Fidelity
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Tenstorrent funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series D LATEST
Dec 2024
$693M
$2.6B
—
Samsung Securities, AFW Partners, Jeff Bezos, LG Electronics, Fidelity
—
Tenstorrent · investors

Investors

SSamsung SecuritiesLEADAAFW PartnersLEADJJeff BezosLEADLLG ElectronicsLEADFidelityLEADLowercarbon CapitalKhosla Ventures

Frequently asked questions

Who has invested in Tenstorrent?›

Lead investors for each round are in the funding timeline.

Who are Tenstorrent's competitors?›

The closest ai / semiconductor peers are on the competitors page.

How can I get exposure to Tenstorrent?›

The routes section explains what is realistically available for a company at this stage.

Is Tenstorrent publicly traded?›

No. Tenstorrent is a private company; its shares do not trade on a public exchange.

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