# Graphcore funding: rounds and investors

> Graphcore has raised $835M across 8 rounds since 2016. Investors include Sequoia Capital, Foundation Capital and Draper Esprit. Every round with its source.

Source: https://millionrounds.com/company/graphcore (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Graphcore*

8 rounds we have observed, with the 22 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Education Hardware & Electronics Semiconductors

Raised 6 months ago Valuation: $3.0B, Apr 2022

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Funding summary Updated 5 Nov 2026

**$835M** raised across 8 rounds since 2016, from 8 sources

**$200M** Series D **$457M** Round

- **Latest round:** Round, $457M May 2026
- **Led by:** SoftBank BB Corp
- **Step-up i:** 113.6×
- **Investors:** 22 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024 2026

**$30M** Series A

**$30M** Series B

**$50M** Round

**$200M** Series D

**$45M** Round

**$20M** Round

**$4.0M** Round

**$457M** Round

- **First round:** Series A, $30M
- **Biggest round:** $457M
- **Usual gap between rounds:** 9 months

## The rounds

- **May 2026** Round **$457M** *3 new* *2 returning* [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Bosch Ventures](https://millionrounds.com/fund/bosch-ventures) Pitango VC Also list them on their own site [Shane Neman](https://millionrounds.com/fund/shane-neman) Reported by Ventureburn
- **Oct 2025** Round **$4.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2025** Round **$20M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2024** Round **$45M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2018** Series D **$200M** *8 new* *5 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Atomico](https://millionrounds.com/fund/atomico) [Microsoft](https://millionrounds.com/fund/microsoft) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) [Robert Bosch Venture Capital](https://millionrounds.com/fund/robert-bosch-venture-capital) [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) [Amadeus Ventures](https://millionrounds.com/fund/amadeus) [C4 Ventures](https://millionrounds.com/fund/c4-ventures) [Merian Chrysalis](https://millionrounds.com/fund/merian-chrysalis) Pitango Sofina/ Merian Global Reported by FinSMEs
- **Nov 2017** Round **$50M** *1 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Lead Reported by TechCrunch
- **Jul 2017** Series B **$30M** *8 new* [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [Robert Bosch Venture Capital](https://millionrounds.com/fund/robert-bosch-venture-capital) [Dell](https://millionrounds.com/fund/dell) [C4 Ventures](https://millionrounds.com/fund/c4-ventures) [Samsung Catalyst](https://millionrounds.com/fund/samsung-catalyst) Atomico/ Amadeus Foundation Pitango Reported by FinSMEs
- **Oct 2016** Series A **$30M** *2 new* [Samsung Catalyst Fund](https://millionrounds.com/fund/samsung-catalyst-fund) Robert Bosch VC Reported by FinSMEs

## Funding filed with regulators

Graphcore filed 8 raises, $777M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$24M** UK share allotment
- May 2026 **$162M** UK share allotment
- Apr 2026 **$457M** UK share allotment
- Mar 2026 **$10M** UK share allotment
- Feb 2026 **$55M** UK share allotment
- Oct 2025 **$4.0M** UK share allotment
- Jul 2025 **$20M** UK share allotment
- Jul 2024 **$45M** UK share allotment

## Founders and team

From Graphcore's own website: 6 on the team.

- **Chelsea Coates** Chief People Officer
- **John Walsh** Chief Operating Officer
- **Nick Bishop** Chief Financial Officer
- **Sally Doherty** Chief Marketing Officer
- **Helen Byrne** VP AI Technology
- **Marcus McElroy** General Manager

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2016 **Series B** 2017 **Round** 2017 **Series D** 2018 **Round** 2024 **Round** 2025 **Round** 2025 **Round** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) L [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [Robert Bosch Venture Capital](https://millionrounds.com/fund/robert-bosch-venture-capital) [C4 Ventures](https://millionrounds.com/fund/c4-ventures) Pitango [SoftBank BB Corp](https://millionrounds.com/fund/softbank) L [Atomico](https://millionrounds.com/fund/atomico) [Microsoft](https://millionrounds.com/fund/microsoft) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds, led 1

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **2** rounds

[Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) VC firm **2** rounds

[Robert Bosch Venture Capital](https://millionrounds.com/fund/robert-bosch-venture-capital) VC firm **2** rounds

[C4 Ventures](https://millionrounds.com/fund/c4-ventures) VC firm **2** rounds

Pitango no record of our own yet **2** rounds

[SoftBank BB Corp](https://millionrounds.com/fund/softbank) Corporate VC **1** round, led 1

[Atomico](https://millionrounds.com/fund/atomico) VC firm **1** round

[Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round

[Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **1** round

[Bosch Ventures](https://millionrounds.com/fund/bosch-ventures) Corporate VC **1** round

[Dell](https://millionrounds.com/fund/dell) Growth equity **1** round

[BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC **1** round

[Amadeus Ventures](https://millionrounds.com/fund/amadeus) Corporate VC **1** round

[Samsung Catalyst Fund](https://millionrounds.com/fund/samsung-catalyst-fund) Corporate VC **1** round

[Samsung Catalyst](https://millionrounds.com/fund/samsung-catalyst) Growth equity **1** round

[Merian Chrysalis](https://millionrounds.com/fund/merian-chrysalis) Investment firm **1** round

Atomico/ Amadeus no record of our own yet **1** round

Foundation no record of our own yet **1** round

Pitango VC no record of our own yet **1** round

Robert Bosch VC no record of our own yet **1** round

Sofina/ Merian Global no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=graphcore).

## Also claim to have backed them

These 4 firms list Graphcore as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Air Street Capital](https://millionrounds.com/fund/air-street-capital) VC firm Per its own site

[Ian Hogarth](https://millionrounds.com/fund/ian-hogarth) Angel Per its own site

[Shane Neman](https://millionrounds.com/fund/shane-neman) Angel 2026, per its site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

## Quick answers about Graphcore

### Who invested in Graphcore?

Graphcore's investors include Sequoia Capital, Foundation Capital, Draper Esprit, Robert Bosch Venture Capital and C4 Ventures, and 17 more on record. SoftBank BB Corp led its latest round.

### How much has Graphcore raised?

Graphcore has raised $835M across 8 rounds since 2016.

### When did Graphcore last raise?

Graphcore's most recent round was an Undisclosed round of $457M in May 2026, led by SoftBank BB Corp.

### What was Graphcore's biggest round?

Its most recent round, $457M in May 2026, is also its largest on record.

### Who backed Graphcore first?

Graphcore's first round on record, in Oct 2016, was backed by Samsung Catalyst Fund and Robert Bosch VC.

### What stage is Graphcore at?

Graphcore's latest named round is an Undisclosed round, in May 2026.

### Where is Graphcore based?

Graphcore is based in the United Kingdom.

### Who led Graphcore's rounds?

Sequoia Capital led the Undisclosed round in 2017; SoftBank BB Corp led the Undisclosed round in 2026.

## Companies like Graphcore

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)[**Easol** $55M · Oct 2026](https://millionrounds.com/company/easol)

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