Tenstorrent
Tenstorrent is an AI chips company based in Toronto, Canada, founded in 2016. RISC-V based AI processors and IP. It was valued at $2.69bn on 3 December 2024 (Series D ($693m)), which makes it a unicorn in the 311 Unicorn Index.
Part of the 311 Unicorn Index (311institute.com). Last updated .
Source: Company announcement
About Tenstorrent
RISC-V based AI processors and IP. Lead investors in its latest round: Samsung Securities, AFW Partners. Website: tenstorrent.com.
How this figure is calculated
The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count.
Related
- Innovation profile of Toronto
- Canada: economy and key statistics
- The 311 Unicorn Index
- Global Startups Directory
- Global Investors Directory
- All 311 Indexes
Other unicorns in Canada
- Wealthsimple ($7.14bn)
- Cohere ($7bn)
- 1Password ($6.8bn)
- Clio ($5bn)
- Hopper ($5bn)
- Trulioo ($1.75bn)
- Ada ($1.2bn)
Questions and answers
How much is Tenstorrent worth?
Tenstorrent was valued at $2.69bn on 3 December 2024 (Series D ($693m)), according to the 311 Unicorn Index.
Where is Tenstorrent based?
Tenstorrent is headquartered in Toronto, Canada.
When was Tenstorrent founded?
Tenstorrent was founded in 2016.
What does Tenstorrent do?
RISC-V based AI processors and IP.
Is Tenstorrent a unicorn?
Yes. Tenstorrent is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.
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