Tenstorrent Raises a $100M Strategic Up-round

Tenstorrent has successfully concluded a $100 million strategic financing up-round, co-led by Hyundai Motor Group and Samsung Catalyst Fund. The funding round featured participation from major investors such as Fidelity Ventures, Eclipse Ventures, Epiq Capital, and Maverick Capital. This substantial investment not only bolsters Tenstorrent’s financial standing but also underscores strategic alignment with industry leaders. The notable involvement of diverse investors reflects widespread confidence in Tenstorrent’s vision and potential. This funding positions Tenstorrent for significant growth, solidifying its position at the forefront of technological innovation.

LaBarge Weinstein acted as counsel to Tenstorrent with a team led by Michael Sami.

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