FUNDING
Key Metrics
Recent changes
- March 2026March 2026Valuation fell from $3B to $980M GlobeNewswire
- Sep 4, 2026Sep 4, 2026Raised $300M Series B at a $3B valuation GlobeNewswire
- Sep 4, 2026Sep 4, 2026First reported valuation: $3B GlobeNewswire
- Sep 4, 2026Sep 4, 2026New investor: Sapphire Ventures GlobeNewswire
- Sep 4, 2026Sep 4, 2026New investor: Factory GlobeNewswire
Earlier changes (5)
- Sep 4, 2026Sep 4, 2026New investor: Menlo Ventures GlobeNewswire
- Sep 4, 2026Sep 4, 2026New investor: Andreessen Horowitz GlobeNewswire
- Sep 4, 2026Sep 4, 2026New investor: Arm GlobeNewswire
- Sep 4, 2026Sep 4, 2026New investor: M12 (FKA Microsoft Ventures) GlobeNewswire
- Sep 4, 2026Sep 4, 2026Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI Bet Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 4, 2026 | Series B | $300M | $3B | Andreessen HorowitzMenlo VenturesSapphire VenturesFactoryM12 (FKA Microsoft Ventures)ArmMarchMicrosoft's M12 venture arm outlined = lead | GlobeNewswire |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| March 2026 | $980M | Reported | GlobeNewswire |
| Sep 4, 2026 | $3B | Reported | GlobeNewswire |
Investors
Latest Pulse
- Sep 6, 2026Why AI Compute Swallowed the Week's Venture DollarsCrusoe, Fluidstack and Gimlet Labs closed $4.8 billion between them in five days, and every dollar landed in the layer between the chips and the models rather than in the applications built on top.→
- Sep 4, 2026Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI BetAndreessen Horowitz led a $300 million round for the startup that lets AI workloads run across Nvidia, AMD, and custom silicon interchangeably, with Arm and Microsoft's M12 joining as new backers.→
Coverage Timeline
newest firstAll Coverage
FUNDING$4.8B in five days
Why AI Compute Swallowed the Week's Venture Dollars
Crusoe, Fluidstack and Gimlet Labs closed $4.8 billion between them in five days, and every dollar landed in the layer between the chips and the models rather than in the applications built on top.
DEEP DIVE
FUNDING
Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI Bet
FUNDING$300M Series B
Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI Bet
Andreessen Horowitz led a $300 million round for the startup that lets AI workloads run across Nvidia, AMD, and custom silicon interchangeably, with Arm and Microsoft's M12 joining as new backers.
DEEP DIVE
Value Add Research
Related Companies
Shared investors
Sources & methodologyshow
Where these figures come from
- GlobeNewswireprimary source2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.