REGULATION
Key Metrics
Total funding
$2.4B
As of Jul 30, 2026Value Add Pulse research
Company Snapshot
Groq is a Semiconductors company, based in Mountain View, California, USA, founded 2016 by Jonathan Ross, Douglas Wightman. Latest valuation $3.5B (As of Aug 17, 2026, TechCrunch). Total funding $2.4B (As of Jul 30, 2026).
Recent changes
- Sep 10, 2026Sep 10, 2026Acquired for ~$20B Bloomberg
- Sep 10, 2026Sep 10, 2026DOJ Probes Nvidia's $20B Groq Deal For Antitrust Pulse story
- Aug 24, 2026Aug 24, 2026Nvidia Says Groq Racks Go Live This Year After $20B Deal Pulse story
- Aug 24, 2026Aug 24, 2026First Groq LPU Benchmarks Test Nvidia's $20B Bet Pulse story
- Aug 17, 2026Aug 17, 2026Raised $350M Growth at a $3.5B valuation TechCrunch
Earlier changes (15)
- Aug 17, 2026Aug 17, 2026Raised $350M at a $3.5 billion valuation TechCrunch
- Aug 17, 2026Aug 17, 2026New investor: NVentures TechCrunch
- Aug 17, 2026Aug 17, 2026Groq Raises $350M to Pivot From Chips to Neocloud Pulse story
- Aug 17, 2026Aug 17, 2026Valuation fell from $6.9B to $3.5B TechCrunch
- Jun 26, 2026Jun 26, 2026Raised $650M Crunchbase News
- Jun 26, 2026Jun 26, 2026Groq Raises $650M to Scale Its AI Inference Cloud and LPU Chips Pulse story
- Jun 26, 2026Jun 26, 2026Groq Raises $650M to Scale Its AI Inference Cloud and LPU Chips Pulse story
- Jun 23, 2026Jun 23, 2026Groq Confirms $650M Raise and Rebuilds Leadership After Nvidia's $20B 'Not-Acqui-Hire' Pulse story
- Jun 22, 2026Jun 22, 2026Raised $650M Growth TechCrunch
- Jun 22, 2026Jun 22, 2026New investor: Infinitum TechCrunch
- Dec 1, 2025Dec 1, 2025Acquired by NVentures for $20B TechCrunch
- Sep 17, 2025Sep 17, 2025Raised $750M Growth at a $6.9B valuation TechCrunch
- Sep 17, 2025Sep 17, 2025First reported total funding: $3B+ (as of Sept 2025) TechCrunch
- Sep 17, 2025Sep 17, 2025New investor: Disruptive TechCrunch
- Sep 17, 2025Sep 17, 2025New investor: Samsung TechCrunch
Funding History
8 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 10, 2026 | acquisition | ~$20B | — | Bloomberg | |
| Aug 17, 2026 | funding round | $350M | $3.5 billion | outlined = lead | Pulse story |
| Aug 17, 2026 | Growth | $350M | $3.5B | outlined = lead | TechCrunch |
| Jun 26, 2026 | funding round | $650M | — | outlined = lead | Pulse story |
| Jun 22, 2026 | Growth | $650M | — | outlined = lead | TechCrunch |
| Dec 1, 2025 | Acquihire/licensing | $20B | — | outlined = lead | TechCrunch |
| Sep 17, 2025 | Growth | $750M | $6.9B | DisruptiveBlackRockNeuberger BermanSamsungCisco InvestmentsD1 Capital PartnersAltimeter CapitalDeutsche Telekom Capital Partners outlined = lead | TechCrunch |
| Aug 5, 2024 | Series D | $640M | $2.8B | outlined = lead | TechCrunch |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| Aug 17, 2026 | $3.5B | Reported | TechCrunch |
| Jul 30, 2026 | $6.9B | Reported | Value Add Pulse research |
| 2026 | $6.9B | Reported | Value Add VC entity registry |
| Sep 2025 | $6.9B | Reported | Bloomberg |
Investors
Latest Pulse
- Sep 10, 2026DOJ Probes Nvidia's $20B Groq Deal For AntitrustThe Justice Department is investigating whether Nvidia structured its nearly $20 billion licensing-and-hire deal for AI chip startup Groq specifically to dodge a formal antitrust merger review.→
- Aug 29, 2026Physical AI Is Out-Raising the Model Layer This MonthNamed August rounds for chips, energy and defense hardware -- Castelion, Etched, Groq and Base Power -- total more than $3.2 billion, versus roughly $1.1 billion for consumer and enterprise AI application startups covered on Pulse the same month.→
- Aug 24, 2026Nvidia Says Groq Racks Go Live This Year After $20B DealNvidia said its Groq-derived LPX inference racks will be online by the end of the year, giving the roughly $20 billion Groq deal a concrete deployment timeline for the first time since named customers surfaced earlier this week.→
- Aug 24, 2026Nvidia Announces New Vera CPU, Groq LPX Rack CustomersNvidia has announced new customers for its Vera CPU and Groq-derived LPX inference racks, the first named commercial evidence behind its roughly $20 billion inference bet.→
- Aug 24, 2026First Groq LPU Benchmarks Test Nvidia's $20B BetEarly benchmarks for Nvidia's Groq-derived LPU inference hardware are out, alongside new customer announcements for its Vera CPU and Groq LPX racks.→
- Aug 17, 2026Groq Raises $350M to Pivot From Chips to NeocloudGroq raised $350 million at a $3.5 billion valuation, down from $6.9 billion last September, as it completes a pivot from AI chipmaker to inference cloud provider after Nvidia hired its founder in a $20 billion licensing deal.→
- Jun 26, 2026Groq Raises $650M to Scale Its AI Inference Cloud and LPU ChipsAI inference chipmaker Groq raised $650 million from investors including Infinitum and Disruptive to scale its LPU-based inference cloud, betting that purpose-built silicon can undercut GPUs on the cost and speed of serving large models. The round is part of a week dominated by bets on the inference layer, from Baseten's $1.5B to AI-networking deals.→
- Jun 26, 2026Groq Raises $650M to Scale Its AI Inference Cloud and LPU ChipsAI chip and inference-cloud company Groq raised $650 million in a round led by Infinitum and Disruptive, fueling its bid to be the fast, low-cost alternative for running AI models. Founded by a former Google TPU architect, Groq builds its own Language Processing Unit silicon and sells inference as a service -- a vertically integrated play against both Nvidia and cloud incumbents.→
- Jun 23, 2026Groq Confirms $650M Raise and Rebuilds Leadership After Nvidia's $20B 'Not-Acqui-Hire'AI chipmaker Groq confirmed a $650 million funding round and a near-total leadership rebuild, six months after Nvidia signed a roughly $20 billion non-exclusive licensing deal that also hired away Groq's founder-CEO Jonathan Ross, president Sunny Madra and other senior staff. The round -- led by Dallas firm Disruptive and hedge fund Infinitum -- bankrolls Groq's pivot from selling chips to running an AI inference 'neocloud.'→
Coverage Timeline
newest first- Sep 10, 2026REGULATIONDOJ Probes Nvidia's $20B Groq Deal For Antitrust$20B licensing deal→
- Aug 29, 2026FUNDINGPhysical AI Is Out-Raising the Model Layer This Month→
- Aug 24, 2026FUNDINGNvidia Says Groq Racks Go Live This Year After $20B Deal→
- Aug 24, 2026AINvidia Announces New Vera CPU, Groq LPX Rack Customers→
- Aug 24, 2026AIFirst Groq LPU Benchmarks Test Nvidia's $20B Bet$20B→
- Aug 17, 2026FUNDINGGroq Raises $350M to Pivot From Chips to Neocloud$350M at $3.5B→
- Jun 26, 2026FUNDINGGroq Raises $650M to Scale Its AI Inference Cloud and LPU Chips$650M→
- Jun 23, 2026FUNDINGGroq Confirms $650M Raise and Rebuilds Leadership After Nvidia's $20B 'Not-Acqui-Hire'$650M→
All Coverage
REGULATION$20B licensing deal
DOJ Probes Nvidia's $20B Groq Deal For Antitrust
The Justice Department is investigating whether Nvidia structured its nearly $20 billion licensing-and-hire deal for AI chip startup Groq specifically to dodge a formal antitrust merger review.
DEEP DIVE
FUNDING
Physical AI Is Out-Raising the Model Layer This Month
FUNDING
Physical AI Is Out-Raising the Model Layer This Month
Named August rounds for chips, energy and defense hardware -- Castelion, Etched, Groq and Base Power -- total more than $3.2 billion, versus roughly $1.1 billion for consumer and enterprise AI application startups covered on Pulse the same month.
BY THE NUMBERS
FUNDING
Nvidia Says Groq Racks Go Live This Year After $20B Deal
FUNDING
Nvidia Says Groq Racks Go Live This Year After $20B Deal
Nvidia said its Groq-derived LPX inference racks will be online by the end of the year, giving the roughly $20 billion Groq deal a concrete deployment timeline for the first time since named customers surfaced earlier this week.
FOLLOW-UP
AI
Nvidia Announces New Vera CPU, Groq LPX Rack Customers
AI
Nvidia Announces New Vera CPU, Groq LPX Rack Customers
Nvidia has announced new customers for its Vera CPU and Groq-derived LPX inference racks, the first named commercial evidence behind its roughly $20 billion inference bet.
DEEP DIVE
AI
First Groq LPU Benchmarks Test Nvidia's $20B Bet
AI$20B
First Groq LPU Benchmarks Test Nvidia's $20B Bet
Early benchmarks for Nvidia's Groq-derived LPU inference hardware are out, alongside new customer announcements for its Vera CPU and Groq LPX racks.
DEEP DIVE
FUNDING
Groq Raises $350M to Pivot From Chips to Neocloud
FUNDING$350M at $3.5B
Groq Raises $350M to Pivot From Chips to Neocloud
Groq raised $350 million at a $3.5 billion valuation, down from $6.9 billion last September, as it completes a pivot from AI chipmaker to inference cloud provider after Nvidia hired its founder in a $20 billion licensing deal.
DEEP DIVE
FUNDING
Groq Raises $650M to Scale Its AI Inference Cloud and LPU Chips
FUNDING$650M
Groq Raises $650M to Scale Its AI Inference Cloud and LPU Chips
AI inference chipmaker Groq raised $650 million from investors including Infinitum and Disruptive to scale its LPU-based inference cloud, betting that purpose-built silicon can undercut GPUs on the cost and speed of serving large models. The round is part of a week dominated by bets on the inference layer, from Baseten's $1.5B to AI-networking deals.
FUNDING
Groq Confirms $650M Raise and Rebuilds Leadership After Nvidia's $20B 'Not-Acqui-Hire'
FUNDING$650M
Groq Confirms $650M Raise and Rebuilds Leadership After Nvidia's $20B 'Not-Acqui-Hire'
AI chipmaker Groq confirmed a $650 million funding round and a near-total leadership rebuild, six months after Nvidia signed a roughly $20 billion non-exclusive licensing deal that also hired away Groq's founder-CEO Jonathan Ross, president Sunny Madra and other senior staff. The round -- led by Dallas firm Disruptive and hedge fund Infinitum -- bankrolls Groq's pivot from selling chips to running an AI inference 'neocloud.'
Related Companies
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet3 facts
- TechCrunchmajor outlet2 facts
- Bloombergmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- Crunchbase Newsresearch database1 fact
- Value Add Pulse researchValue Add VC data1 fact
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.