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Tenstorrent secures $1.5 billion Series E at $6.2 billion post-money valuation

Tenstorrent, a RISC-V AI computing company led by Jim Keller, has raised $1.5 billion in Series E funding at a $6.2 billion post-money valuation. The company has released several AI chips. New and existing investors participated in the round, with proceeds intended to support large-scale production and global commercial expansion.

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Tenstorrent secures $1.5 billion Series E at $6.2 billion post-money valuation
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What to know

  • 01

    Trace Capital and Innovation X co-led the Series E round.

  • 02

    Tenstorrent’s Series D round in late 2024 carried a post-money valuation of about $2.7 billion.

Why it matters

The earlier Series D’s roughly $2.7 billion post-money valuation offers a reference point for understanding the $6.2 billion valuation in this round.

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