Series C+ · 2026-10-19 · AI
Tenstorrent raises $1.50B
88
AI Score
Amount
$1.50B
Round
Series C+
Lead
Trace Capital, Innovation X
HQ
Santa Clara, CA, US
Why it matters: Tenstorrent's Series E more than doubles its 2024 valuation and funds volume manufacturing of its Galaxy servers, giving readers a concrete read on how much capital open-source AI chip challengers can raise.
Tenstorrent closed a $1.5 billion Series E led by Trace Capital and Innovation X at a $6.2 billion post-money valuation.
- Participants:
- —
- Source:
- BetaKit ↗ · Midu summary
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