Tech Company Financing Transactions
Groq Funding Round
Groq, operating out of Mountain View, scored $1.5 billion in investment from Kingdom of Saudi Arabia (KSA).
Transaction Overview
Company Name
Announced On
2/11/2025
Transaction Type
Debt
Amount
$1,500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for expanded delivery of its advanced LPU-based AI inference infrastructure.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
400 Castro St. 600
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
Groq is a machine learning systems company building easy to use, high TOPS/Watt accelerators with sub-millisecond latency.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Ross
Chief Operating Officer
Adrian Mendes
Chief Technical Officer
Dennis Abts
Chief Technical Officer
Dinesh Maheshwari
VP - Bus. Development
Adam Tachner
VP - Engineering
Geert Rosseel
VP - Human Resources
Tobi Crabtree
VP - Marketing
Sander Arts
VP - Operations
Estelle Hong
VP - Product Management
William Leszinske
VP - Sales
Brian Holley
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