Tech Company Financing Transactions

Tenstorrent Funding Round

Tenstorrent, based in Toronto, Ontario, secured $693 million in funding from AFW Partners, Samsung Securities and Baillie Gifford.

Transaction Overview

Company Name
Announced On
12/2/2024
Transaction Type
Venture Equity
Amount
$693,000,000
Round
Series D
Proceeds Purpose
The company intends to use the funds to build out open-source AI software stacks, hire developers, expand its global development and design centers, and build systems and clouds for AI developers.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
150 Ferrand Dr 901
Toronto, Ontario, M3C 3E5
CA
Phone
Undisclosed
Email Address
Overview
Tenstorrent is a next-generation computing company that builds computers for AI. Headquartered in Toronto, Canada, with U.S. offices in Austin, Texas, and Silicon Valley, and global offices in Belgrade and Bangalore, Tenstorrent brings together experts in the field of computer architecture, ASIC design, advanced systems, and neural network compilers.
Profile
Tenstorrent LinkedIn Company Profile
Social Media
Tenstorrent Company Twitter Account
Company News
Tenstorrent News
Facebook
Tenstorrent on Facebook
YouTube
Tenstorrent on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jim Keller
  Jim Keller LinkedIn Profile  Jim Keller Twitter Account  Jim Keller News  Jim Keller on Facebook
Chief Operating Officer
Keith Witek
  Keith Witek LinkedIn Profile  Keith Witek Twitter Account  Keith Witek News  Keith Witek on Facebook
Chief Technical Officer
Ljubisa Bajic
  Ljubisa Bajic LinkedIn Profile  Ljubisa Bajic Twitter Account  Ljubisa Bajic News  Ljubisa Bajic on Facebook
Co-Founder
Ivan Hamer
  Ivan Hamer LinkedIn Profile  Ivan Hamer Twitter Account  Ivan Hamer News  Ivan Hamer on Facebook


 

 

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