Groq (Series D)
Funding Details
- Awarder
- Inbox
- Date Award
- June 08, 2025
- Vertical
- AI Hardware
- Funding URL
- View Funding Page
- Premoney Valuation
- $2,170,000,000
- Valuation
- $2,810,000,000
- Funding Amount:
- $640,000,000
Company Info
- Traction
- GroqCloud platform is currently being used by more than 360,000 developers who are building AI applications.
- Organizations Involved
- BlackRock, Tiger Global, Social Capital, D1 Capital, La Famiglia Capital
- Founders
- Jonathan Ross
- Company Description
- Groq has built chips specifically designed for inference, that is, running generative AI models. The company is the creator of the LPU™ Inference Engine, the fastest language processing accelerator on the market, and is positioning itself as a direct challenge to Nvidia.
- Market
- AI Applications
- Location
- USA
- Coinvestors
- TypeOne Ventures, Samsung Catalyst Fund, Cisco Investments