United States · 
Who invested in Tenstorrent?
Tenstorrent's investors include Fidelity, Eclipse, InnovationX, AFW Partners and Samsung Securities, and 23 more on record. InnovationX led its latest round.
20252026
$693MSeries D$800MRound$1.5BSeries E
United States · Series E startup
Who invested in Tenstorrent
3 rounds we have observed, with the 28 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.
Raised 1 month agoValuation: $2.6B, Mar 2026
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Funding summaryUpdated 5 Nov 2026
$3.0Braised across 3 rounds since 2024, from 17 sources
$693MSeries D$800MRound$1.5BSeries E
- Latest round
- Series E, $1.5BOct 2026
- Led by
- InnovationX and Trace Capital
- Step-upi
- 1.9×
- Investors
- 28 (5 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series D, $693M Dec 2024
- Biggest round
- $1.5B Series E · Oct 2026
- Usual gap between rounds
- 11 months the median of 2
The rounds
- Oct 2026Series E$1.5B15 new2 returning
InnovationXLead
Trace CapitalLead
Fidelity
Morgan Stanley Investment Management
T. Rowe Price
Eclipse
Tether
• Ark Invest
Maverick Silicon
XTX Ventures
Protagonist- SanDisk
Virtu Financial
Agostinelli Group- Brett Barna
- Cadence Ventures
- Troluce Capital
Reported by BetaKit and 12 othersSEC filing: $1.3B sold
- Nov 2025
- Dec 2024
Funding filed with regulators
Tenstorrent filed 3 raises, $185M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Apr 2021$164MSEC Form D
- Jan 2019$21MSEC Form D
- Feb 2018$500KSEC Form D
Founders and team
From the SEC filings it signed: 2 on the team.
- James KellerExecutive Officer, Directori
- Ljubisa BajicExecutive Officer, Director, Promoteri
On the board, as filediGreg ReichowIvan HamerJean-Sebastien Cournoyer
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.
Everyone who backed them
SanDiskCorporate VC1round
Brett BarnaAngel1round
Cadence VenturesGrowth equity1round
Troluce CapitalGrowth equity1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 14 firms list Tenstorrent 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.
Quick answers about Tenstorrent
How much has Tenstorrent raised?
Tenstorrent has raised $3.0B across 3 rounds since 2024.
When did Tenstorrent last raise?
Tenstorrent's most recent round was a Series E of $1.5B in Oct 2026, led by InnovationX.
What was Tenstorrent's biggest round?
Its most recent round, $1.5B in Oct 2026, is also its largest on record.
Who backed Tenstorrent first?
Tenstorrent's first round on record, in Dec 2024, was backed by AFW Partners, Samsung Securities and Plug and Play and 10 others.
What stage is Tenstorrent at?
Tenstorrent's latest named round is a Series E, in Oct 2026.
Where is Tenstorrent based?
Tenstorrent is based in the United States.
Who led Tenstorrent's rounds?
AFW Partners led the Series D in 2024; Fidelity led the Undisclosed round in 2025; InnovationX led the Series E in 2026.
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