Round Type
Series D
Mountain ViewManufacturingHardwareSoftwareInvestors
Description
Groq raised $640 million in a Series D round at a $2.8 billion valuation, led by funds and accounts managed by BlackRock Private Equity Partners. Participants included Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain's KDDI Open Innovation Fund III, and the Samsung Catalyst Fund. The financing supports rapid scaling of Groq's LPU-based AI inference infrastructure.
Quick answer
Groq AI raised an undisclosed amount in a Series D round, dated August 5, 2024. Investors: Type One Ventures, Neuberger Berman, Samsung Catalyst Fund, Blackrock and Cisco Investments. Groq AI is based in Mountain View, California, United States.
- How much did Groq AI raise?
- Groq AI raised an undisclosed amount in a Series D round on August 5, 2024.
- Who invested in Groq AI?
- Type One Ventures, Neuberger Berman, Samsung Catalyst Fund, Blackrock and Cisco Investments are named as investors in this round.
- What does Groq AI do?
- Groq AI is a startup based in Mountain View, California, founded in 2016 by ex-Google hardware executive Jonathan Ross.
- Where is Groq AI based and how big is it?
- Groq AI is based in Mountain View, California, United States. Fundz records about 262 employees.
- Who are the decision-makers at Groq AI?
- Fundz holds 1 contact at Groq AI, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Manufacturing around the same time
Companies in the same sectors as Groq AI that raised within 45 days of this round, from Fundz verified event records.
- TriLite raised $22M (Series A) on September 11, 2024.
- Chromatic 3D Materials raised $5.8M on August 15, 2024.
- NowPurchase raised $6M on September 19, 2024.
- Virtuous raised $95M on September 19, 2024.
- AltiusHub raised $2.3M (Seed) on September 18, 2024.
- AIRCO raised $69M (Series B) on September 18, 2024.
Who to call at Groq AI, and when
A new round usually means Groq AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Groq AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Groq AI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Groq AI. With Fundz connected, it knows.
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Fundz sees it the moment Groq AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Groq AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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