Tenstorrent
🔥 HOTHow Tenstorrent stacks up in AI Infrastructure — funding data, key investors, and more.
Updated Mar 24, 2026Awaira Score
Out of 100
HQ
Canada
Founded
2016
Raised
$1.18B
Stage
Series D
Team
400
Valuation
$3.2B
Post-money
Total Raised
$1.18B
All rounds
Awaira Score
80/100
Founded
2016
400 employees
Awaira estimate based on public data. Not financial advice.
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…
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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.
Market Position
Tenstorrent is a AI unicorn in the AI Infrastructure sector. Founded in 2016, the company is currently at the Series D stage with a team of approximately 400 employees. With $1.18B in total disclosed funding, Tenstorrent has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Infrastructure companies on Awaira, including CoreWeave and Graphcore.
Key Numbers
Awaira Score
80/100
Valuation
$3.2B
Total Funding
$1.18B
Founded
2016
Employees
400
Stage
Series D
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.
Why Track Tenstorrent?
Tenstorrent holds unicorn status in the AI Infrastructure space, placing it among the highest-valued private AI companies globally.
Among 3 tracked competitors, Tenstorrent ranks #3 by valuation — a metric investors and analysts use to gauge market standing.
Tracking Tenstorrent on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Infrastructure market.
Competitor Comparison
| Metric | ★Tenstorrent | CoreWeave | Graphcore | Nebius |
|---|---|---|---|---|
| Awaira Score | 80/100 | 95/100 | 85/100 | 84/100 |
| Total Raised | $1.18B | $2.38B | $700M | $2B |
| Valuation | $3.2B | $49B | $500M | $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
Open Positions at Tenstorrent
View all jobs →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
Compare Tenstorrent
See how Tenstorrent stacks up against competitors in valuation, funding, team size, and Awaira Score.
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