Graphcore

company

About

Graphcore develops a microprocessor designed for AI and machine learning applications.

  • 251 - 500

Details

Last Funding Type
Series C
Last Funding Money Raised
$50M
Industries
Artificial Intelligence,Machine Learning,Semiconductor
Founded date
Jan 1, 2016
Number Of Employee
251 - 500
Operating Status
Active

Graphcore is a startup that develops a microprocessor designed for AI and machine learning applications. It has created a new processor, the Intelligence Processing Unit (IPU) for artificial intelligence. The IPU’s unique architecture means developers can run current machine learning models orders of magnitude faster.

The company was founded in 2016 and is headquartered in Bristol, United Kingdom.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$682M
Graphcore has raised a total of $682M in funding over 2 rounds. Their latest funding was raised on Dec 29, 2020 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 29, 2020 Series E $222M 3 Detail
Feb 24, 2020 Series D $150M 1 Detail
Dec 18, 2018 Series D $200M 3 Detail
Nov 12, 2017 Series C $50M 2 Sequoia Capital Detail
Jul 20, 2017 Series B $30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Graphcore is funded by 3 investors. Molten Ventures and Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Molten Ventures Series E
Sequoia Capital Series E
Sofina Series E