Tenstorrent

Private

Toronto-based AI chip company. Builds Wormhole and Blackhole RISC-V-based AI processors and open-source Metalium software stack. Sells developer workstations and datacenter systems. Backed by Hyundai, Samsung, and Fidelity. Led by Jim Keller (former chief architect at AMD, Apple, Tesla, Intel). Founded 2016.

Founders Ljubisa Bajic, Jim Keller
CEO Jim Keller

Company

Founded
2016
Headquarters
Toronto, Canada

Financials

Total Funding
$1.4B
Sectors
Artificial Intelligence Hardware
tenstorrent.com

Funding History

4 rounds
Series E Jul 14, 2026
$500M
Bezos Expeditions (Lead) Fidelity Management & Research Baillie Gifford Hyundai Motor Group Samsung Catalyst Fund AFW Partners AMD Ventures Andreessen Horowitz
Series D Dec 2, 2024
$693M
Samsung Securities (Lead) Fidelity Management & Research Hyundai Motor Group Bezos Expeditions Baillie Gifford AFW Partners
Series C Aug 15, 2023
$100M
Hyundai Motor Group (Lead) Samsung Catalyst Fund Eclipse Ventures Fidelity Management & Research
Series B May 27, 2020
$65M
Eclipse Ventures (Lead) Real Ventures Moore Strategic Ventures

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.