# Tenstorrent Raises $1.5B at $6.2B Valuation

> Tenstorrent secures $1.5B Series E funding at $6.2B valuation with major investors.
- Title: Tenstorrent Raises $1.5B at $6.2B Valuation · AI Insider
- Summary: Tenstorrent secures $1.5B Series E funding at $6.2B valuation with major investors. Tenstorrent closed a $1.5 billion Series E funding round at a $6.2…
- Keywords: tenstorrent, series e, funding round, valuation, trace capital, innovation x, ark invest, fidelity, morgan stanley, sandisk, t rowe price, galaxy servers
- Source: AI Insider — https://theaiinsider.tech/2026/10/19/tenstorrent-announces-a-1-5b-series-e-at-a-6-2b-valuation
- Author: James Dargan
- Published: 2026-10-19T13:18:22+00:00
- Read time: 1 min
- Topics: tenstorrent, series e, funding round, valuation, trace capital, innovation x, ark invest, fidelity, morgan stanley, sandisk, t rowe price, galaxy servers
## Tenstorrent Funding Round
Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation.
## Investors Led by Trace Capital
The round was led by Trace Capital and Innovation X with participation from ARK Invest, Fidelity, Morgan Stanley, Sandisk, and T. Rowe Price.
## Funding Uses
Tenstorrent will deploy Galaxy servers at scale, continue serving open-weight LLMs and video generation models, and advance RISC-V CPU and AI core IP.
## CEO Jim Keller
CEO Jim Keller, architect of Apple’s A4/A5, AMD Zen, and Tesla’s Full Self-Driving chip, states Tenstorrent sells one architecture at every size.
## Investor Support
Trace Capital’s Ben Mahdavi praised Tenstorrent’s combined chip and software expertise and strong video generation results.
## Video Generation Results
Protagonist’s George Bousis noted Tenstorrent’s video generation results beat industry benchmarks ahead of expectations.
## Tenstorrent’s Business Model
Tenstorrent sells AI compute at every stack level from single cards to custom IP, with open-source software for local model deployment.
## Future Plans
Tenstorrent aims to scale Galaxy servers and license its RISC-V CPU and AI cores to chip designers like Samsung and LG.
## Key takeaway

Tenstorrent closed a $1.5 billion Series E funding round at a $6.2 billion post-money valuation.