Groq

Acquired

Designer of the Language Processing Unit (LPU), a custom AI inference chip built for speed and efficiency that takes a fundamentally different approach from GPUs, serving developers and Fortune 500 companies through its GroqCloud service

Founders Jonathan Ross

CEO Jonathan Ross

Company

Founded

2016

Headquarters

Mountain View, United States

Financials

Total Funding

$1.8B

Sectors

Artificial Intelligence Cloud Computing Hardware

groq.com

Funding History

5 rounds

Acquired by Nvidia Dec 24, 2025

$20.0B

Series E Sep 17, 2025

$750M

Disruptive (Lead) BlackRock Neuberger Berman Samsung Cisco D1 Capital Partners Altimeter Capital

Series D Aug 5, 2024

$640M

BlackRock Private Equity Partners (Lead) Neuberger Berman Type One Ventures Cisco Investments Samsung Catalyst Fund

Series C Apr 14, 2021

$300M

Tiger Global Management (Lead) D1 Capital Partners Addition Social Capital TDK Ventures

Debt Sep 5, 2018

$52M

Credit facility (debt, not equity). Not included in total funding.

Social Capital (Lender)

Series A Dec 7, 2016

$10M

Social Capital (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.