MOUNTAIN VIEW, Calif. – Sept. 12, 2023 – Enfabrica Corporation, a startup building converged networking and memory fabric silicon and software for AI and [.]
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Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
Round: Series D
Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity funding and is backed by investors that include T. Rowe Price, Sound Ventures, TCV, Global Founders Capital, and M13.
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Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from April 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility, lead generation, and building thought leadership among the vast majority of key influencers in the business community and beyond. Learn more about running a digital campaign that will return your investment here.
AI chipmaker Groq raises $300M in Series C round
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Artificial intelligence and machine learning chip startup Groq Inc. said today it has raised $300 million in a new round of funding that brings its total amount raised to $367 million.
The Series C round was co-led by Tiger Global Management and D1 Capital, and also saw the participation of The Spruce House Partnership, Addition, GCM Grosvenor, Xⁿ, Firebolt Ventures, General Global Capital and Tru Arrow Partners. Previous investors TDK Ventures, XTX Ventures, Boardman Bay Capital Management and Infinitum Partners also participated with follow-on investments.
Groq has developed what it calls a “tensor streaming processors” that it claims is the fastest single-core chip in the industry, tailor-made for running AI training tasks. If the term “tensor processing” sounds familiar, that’s because Groq’s founders include a couple of key individuals, including Chief Executive Jonathon Ross, who