# Thinking Machines Lab funding: rounds and investors

> Thinking Machines Lab has raised $4.0B across 3 rounds since 2025. Investors include Andreessen Horowitz, Accel and NVIDIA. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Thinking Machines Lab*

3 rounds we have observed, with the 11 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

Raised 8 months ago Valuation: $10B, Mar 2026

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Funding summary Updated 5 Nov 2026

**$4.0B** raised across 3 rounds since 2025, from 11 sources

**$2.0B** Seed **$2.0B** Series A

- **Latest round:** Venture Mar 2026
- **Biggest round:** $2.0B Series A · Jul 2025
- **Investors:** 11 (1 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.

2026

**$2.0B** Seed

**$2.0B** Series A

**?** Venture

- **First round:** Seed, $2.0B
- **Biggest round:** $2.0B
- **Usual gap between rounds:** 8 months

## The rounds

- **Mar 2026** Venture **Amount undisclosed** *2 new* *3 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Accel](https://millionrounds.com/fund/accel) [NVIDIA](https://millionrounds.com/fund/nvidia) [DVC](https://millionrounds.com/fund/dvc-2) [Conviction](https://millionrounds.com/fund/conviction) Source recorded
- **Jul 2025** Series A **$2.0B** *6 new* *1 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [Accel](https://millionrounds.com/fund/accel) [NVIDIA](https://millionrounds.com/fund/nvidia) [Cisco](https://millionrounds.com/fund/cisco) [Jane Street](https://millionrounds.com/fund/jane-street) [ServiceNow](https://millionrounds.com/fund/servicenow) [AMD](https://millionrounds.com/fund/amd) Reported by TechCrunch and 2 others
- **Apr 2025** Seed **$2.0B** *3 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [Conviction](https://millionrounds.com/fund/conviction-4) [Sarah Guo's Conviction Partners](https://millionrounds.com/fund/sarah-guo-s-conviction-partners) Reported by Crunchbase News and 6 others

## 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.

**Seed** 2025 **Series A** 2025 **Venture** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) L L [Accel](https://millionrounds.com/fund/accel) [NVIDIA](https://millionrounds.com/fund/nvidia) [Cisco](https://millionrounds.com/fund/cisco) [DVC](https://millionrounds.com/fund/dvc-2) [Conviction](https://millionrounds.com/fund/conviction) [Jane Street](https://millionrounds.com/fund/jane-street) [Conviction](https://millionrounds.com/fund/conviction-4) [ServiceNow](https://millionrounds.com/fund/servicenow) [AMD](https://millionrounds.com/fund/amd)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **3** rounds, led 2

[Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **2** rounds

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

[DVC](https://millionrounds.com/fund/dvc-2) VC firm **1** round

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

[Jane Street](https://millionrounds.com/fund/jane-street) Growth equity **1** round

[Conviction](https://millionrounds.com/fund/conviction-4) VC firm **1** round

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

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

[Sarah Guo's Conviction Partners](https://millionrounds.com/fund/sarah-guo-s-conviction-partners) VC firm **1** round

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

## Also claim to have backed them

These 6 firms list Thinking Machines Lab 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.

[Bison Ventures](https://millionrounds.com/fund/bison-ventures-2) Private equity Per its own site

[Factorial Funds](https://millionrounds.com/fund/factorial-funds) VC firm Per its own site

[Page One Ventures](https://millionrounds.com/fund/page-one-ventures) VC firm Per its own site

[Halcyon Futures](https://millionrounds.com/fund/halcyon-futures) Incubator Per its own site

[Juniper Ventures](https://millionrounds.com/fund/juniper-ventures) VC firm Per its own site

[Very Serious Ventures](https://millionrounds.com/fund/very-serious-ventures) Angel network Per its own site

## Quick answers about Thinking Machines Lab

### Who invested in Thinking Machines Lab?

Thinking Machines Lab's investors include Andreessen Horowitz, Accel, NVIDIA, Cisco and DVC, and 6 more on record.

### How much has Thinking Machines Lab raised?

Thinking Machines Lab has raised $4.0B across 3 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Thinking Machines Lab last raise?

Thinking Machines Lab's most recent round was a Venture in Mar 2026.

### What was Thinking Machines Lab's biggest round?

Thinking Machines Lab's largest round on record is $2.0B (Series A), in Jul 2025, led by Andreessen Horowitz.

### Who backed Thinking Machines Lab first?

Thinking Machines Lab's first round on record, in Apr 2025, was backed by Andreessen Horowitz, Conviction and Sarah Guo's Conviction Partners.

### What stage is Thinking Machines Lab at?

Thinking Machines Lab's latest named round is a Venture, in Mar 2026.

### Where is Thinking Machines Lab based?

Thinking Machines Lab is based in the United States.

### Who led Thinking Machines Lab's rounds?

Andreessen Horowitz led the Seed in 2025.

## Companies like Thinking Machines Lab

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