Tenstorrent
AI compute for every scale.
Toronto, Canada · Founded 2016 · $2.1B raised
- Headquarters
- Toronto
- Employees
- 501–1000
- Founded
- 2016
- Business Model
- B2B
- Website
- tenstorrent.com
- Total Funding
- $2.1B
- Last Round
- $800.0M Series ENov 2025
- Rounds
- 7
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Tenstorrent builds next-generation AI processors and accelerator hardware powered by RISC-V CPU technology. Its open-source software stack, including the TT-Forge MLIR-based compiler, supports PyTorch, JAX, and ONNX workloads. The company licenses its RISC-V IP and offers cards, workstations, and servers for AI inference and training at every scale.
Summary
Tenstorrent is an Artificial Intelligence company based in Toronto, Canada, founded in 2016. It has raised $2.1B in total across 7 rounds, most recently a $800.0M Series E round in Nov 2025. Investors include Fidelity Management, Greg Reichow and Samsung Securities.
Tech & App Stack
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Funding History
Nov 2025
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Funding: Seed through Series E. Amounts, valuations, and investors where available.
Investors
Acquisitions
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