Groq Seeks Series B Funding At $8 Billion Valuation To Expand AI Services
Groq, the Nvidia-backed AI infrastructure company, is seeking a new Series B funding round at an $8 billion valuation, more than double its $3.15 billion valuation in August, according to Bloomberg . Executive Chairma…
Groq, the Nvidia-backed AI infrastructure company, is seeking a new Series B funding round at an $8 billion valuation, more than double its $3.15 billion valuation in August, according to Bloomberg. Executive Chairman Alex Davis is leading the fundraising effort, with proceeds expected to support growing demand for its AI inference computing services through short- and medium-term contracts. Founded in 2016, Groq has shifted from chip development to operating AI-focused data centers and projects revenue to grow eightfold next year, with EBITDA reaching $2 billion by 2028.
FOUNDER: Jonathan Ross
INVESTORS: Disruptive & Nvidia
ROUND: Series B VALUATION: $8,000,000,000
HQ: Mountain View, California
#VentureCapital #Groq #JonathanRoss #TradedVC
ABOUT THE DEAL
- Raise
- $8B
- Round
- Series B
- Company
- Groq Seeks Series B Funding At $8 Billion Valuation To Expand AI Services
- Desk
- Deals
- Filed
- Nov 9, 2026
- Founders
- Jonathan Ross
- Investors
- Disruptive
- Nvidia