Tenstorrent

Tenstorrent is an AI Accelerators company founded in 2016 and based in Toronto, Canada. It has raised $913.7M in total funding, most recently a Series D in 2024 at a $2.6B valuation.

Tenstorrent designs open-source RISC-V AI processors and licenses chiplet IP for scalable AI compute. Founded by chip legend Jim Keller; raised $200M+ including strategic from Hyundai and Bosch. Wormhole and Blackhole chips announced.

Tenstorrent combines AI silicon with open RISC-V architecture, positioning as the 'Linux of AI chips' against proprietary stacks.

tenstorrent.com AI Accelerators

Canadaprivate

At a glance

Total raised

$913.7M

last round series d

Headcount

—

no public estimate on record

Headquarters

Toronto

Canada

Founded

2016

10 years active

Status

Private

AI Accelerators

Latest valuation

Funding history

Total raised

$913.7M

Rounds tracked

Latest stage

Series D

Latest valuation

$2.6B

Date	Stage	Amount	Valuation	Lead investors
Dec 2, 2024	Series D	$693M	$2.6B	Samsung Securities, AFW Partners
May 1, 2021	Series C	$200M	$1B

Tenstorrent

At a glance

Funding history

In the news

Panel with Arteris, GlobalFoundries, Tenstorrent: RISC-V Ecosystem Growth for Physical AI

Jim Keller: ‘AI Still Obeys the Old Laws of Compute’

Qualcomm mulls taking over Jim Keller's Tenstorrent, report claims — deal for AI chipmaker would value the company at between $8 billion and $10 billion

Watch

Leadership

Products

Wormhole

Blackhole

RISC-V CPU IP (Ascalon)

Most recent patents

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