Tenstorrent
🔥 HOTHow Tenstorrent stacks up in AI Infrastructure — funding data, key investors, and more.
Awaira Score
Out of 100
HQ
Canada
Founded
2016
Raised
$1.18B
Stage
Series D
Team
400
About Tenstorrent
Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads. The company develops custom silicon chips and compute architectures optimized for training and inference of large language models and other machine learning applications. Its core offering includes the Grayskull and…
Key Facts
- Tenstorrent is valued at $3.2B as of March 2026.
- Tenstorrent has raised a total of $1.18B in disclosed funding across 5 funding rounds.
- Tenstorrent was founded in 2016 by Ljubisa Bajic and is headquartered in Canada.
- Tenstorrent employs approximately 400 people.
- Tenstorrent operates in the AI Infrastructure category and is currently at the Series D stage.
- Tenstorrent has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
- Tenstorrent's most recent funding round was a Series D of $1B closed in October 2023.
Source: Awaira · Updated Mar 24, 2026
Valuation
$3.2B
Post-money
Total Raised
$1.18B
All rounds
Awaira Score
80/100
Founded
2016
400 employees
Strengths & Risks
Strengths
Raised over $1.18B — one of the best-funded AI companies
Unicorn status with $3.2B valuation
Elite Awaira Score of 80/100
Analysis based on publicly available data. Not investment advice.
Funding Velocity
5
Total Rounds
$295M
Avg Round Size
7.8yr
Funding Span
Tenstorrent raised 5 rounds over 7.8 years, averaging $295M per round — a pace of roughly one round every 19 months.
Awaira estimate based on public data. Not financial advice.
How does Tenstorrent stack up against competitors?
Competitor Comparison
| Metric | ★Tenstorrent | CoreWeave | Graphcore | Nebius |
|---|---|---|---|---|
| Awaira Score | 80/100 | 95/100 | 85/100 | 84/100 |
| Total Raised | $1.18B | $2.38B | $767M | $2B |
| Valuation | $3.2B | $49B | $600M | $25B |
| Stage | Series D | Public | Acquired | Private |
| Founded | 2016 | 2017 | 2016 | 2023 |
| Employees | 400 | 1800 | 500-1000 | 1,000 |
| Country | 🇨🇦 | 🇺🇸 | 🇬🇧 | 🇳🇱 |
Funding Rounds
Inactive$1B
Oct 2023
$110M
Jun 2021
$50M
Jan 2020
$20M
Jan 2018
Undisclosed
Jan 2016
Tenstorrent Latest News
Bits & Chips Invests in Tenstorrent's Open-Source AI Chip Architecture
Qualcomm Ventures Backs Tenstorrent's Open-Source AI Chip Vision
Tenstorrent Raises $693 Million at $3.4 Billion Valuation for AI Chips
Tenstorrent Closes Funding Round as Investor Interest in AI Surges
Tenstorrent Reports Record Demand for AI Training Infrastructure
Open Positions at Tenstorrent
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