Monday 19 October 2026 / Tenstorrent
Tenstorrent
Tenstorrent develops AI chips and software based on the open-source RISC-V architecture.
Santa Clara, United StatesSemiconductors & hardwaretenstorrent.com
$1.50B
Series E, 19 October
Lead investorInnovation X, Trace Capital
Other investorsAgostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, R+ VC, Sandisk, Tether Investment, Tether Investments, Troluce Capital, T. Rowe Price, T. Rowe Price Associates, Virtu Financial, XTX Markets
Reported by41 sources
What makes it different
The company builds its AI chips and software on the open-source RISC-V architecture.
Tenstorrent develops AI chips and software based on the open-source RISC-V architecture.
Founders
JK
Jim Keller
CEO
JK
Jim Keller
chief executive
JK
Jim Keller
Chief Executive
JK
Jim Keller
Chief Executive Officer
JK
Jim Keller
leader (as described in the article)
JK
Jim Keller
leader (named as leading the company in the article)
LB
Ljubisa Bajic
Co-founder
IH
Ivan Hamer
Co-founder
MT
Milos Trajkovic
Co-founder
Funding history
Monday 19 October 2026
$1.50B Series E, led by Innovation X, Trace Capital