Tenstorrent Current · Verified less than 14 days ago · Last verified: Oct 18, 2026

Tenstorrent: $15.0B valuation, IPO Readiness 78, Series H. Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA. Track live on The IPO Stack.

Series HSemiconductorspre-ipo
78
/100
IPO Readiness Score
Grade B — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Tenstorrent →

Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA and AMD — founded by Ljubisa (Jim) Ristic, the legendary chip architect behind Apple M-series chips. Valued at $2.6B with $400M raised, Tenstorrent offers both enterprise AI training and inference accelerators with a software-first approach. Major chip IPO candidate as AI semiconductor demand grows to $300B+ and enterprise customers seek NVIDIA alternatives.

Valuation
$15.0B
Total Funding
$1.5B
Stage
Series H
Sector
Semiconductors
Headquarters
Santa Clara, CA
CEO
Jim Keller
IPO Status
pre-ipo

Funding History

January 2020
Series A
$50M
April 2022
Series B
$100M
February 2024
Series C
$693M
June 2026
Series D
$500M
July 2026
Series F
$2.0B
July 2026
Series G
$700M
August 2026
Series H
$1.5B
August 2026
Series H Extension
$300M
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Track Tenstorrent IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Tenstorrent going public? +

Tenstorrent has not announced a specific IPO date as of 2026. With an IPO Readiness Score of 78/100, the company shows strong pre-IPO signals. Subscribe to The IPO Stack newsletter for weekly updates.

What is Tenstorrent's current valuation? +

Tenstorrent is valued at $15.0B as of February 2024. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Tenstorrent before IPO? +

Accredited investors can access Tenstorrent shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Tenstorrent's IPO Readiness Score? +

Tenstorrent scores 78/100 (Grade: B) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Tenstorrent raised? +

Tenstorrent has raised $1.5B in total venture capital and private equity funding, with backing from Eclipse Ventures, Hyundai, LG Electronics.

Who are Tenstorrent's key investors? +

Tenstorrent's notable investors include Eclipse Ventures, Hyundai, LG Electronics, Samsung, LG. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Tenstorrent in? +

Tenstorrent is a Semiconductors company. Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA and AMD —.

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