Series C+ · 2026-10-19 · AI
Tenstorrent raises $1.50B
82
AI Score
Amount
$1.50B
Round
Series C+
Lead
Trace Capital, Innovation X
HQ
Toronto, CA
Why it matters: Tenstorrent's $6.2B valuation and RISC-V platform plans show how one Nvidia challenger intends to spend its capital across hardware and an open software stack.
Tenstorrent, the AI chip startup led by Jim Keller, raised a $1.5 billion Series E co-led by Trace Capital and Innovation X.
- Participants:
- Protagonist, Morgan Stanley, Fidelity Management & Research Co., ARK Invest, T. Rowe Price
- Source:
- SiliconANGLE ↗ · Midu summary
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