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, 2026New investor: Nvidia 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, 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 Nvidia 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
- Sep 17, 2025Sep 17, 2025New investor: Altimeter Capital TechCrunch
- Sep 17, 2025Sep 17, 2025New investor: D1 Capital Partners TechCrunch
Funding History
6 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 10, 2026 | acquisition | ~$20B | — | Bloomberg | |
| Aug 17, 2026 | Growth | $350M | $3.5B | DisruptiveLeadNvidia | TechCrunch |
| Jun 22, 2026 | Growth | $650M | — | DisruptiveLeadInfinitumLead | TechCrunch |
| Dec 2025 | Acquihire/licensing | $20B | — | NvidiaLead | TechCrunch |
| Sep 17, 2025 | Growth | $750M | $6.9B | TechCrunch | |
| Aug 5, 2024 | Series D | $640M | $2.8B | 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
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
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
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
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
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
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.
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.'
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Groq FAQ
What is Groq's valuation?
Groq's valuation is $3.5B (As of Aug 17, 2026, TechCrunch).
How much has Groq raised?
Groq has raised $2.4B in total funding (As of Jul 30, 2026, Value Add Pulse research).
Who are Groq's investors?
Groq's investors include Disruptive, BlackRock, Nvidia, Infinitum, Cisco Investments, and 13 more (As of Aug 17, 2026).
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet2 facts
- TechCrunchmajor outlet2 facts
- Bloombergmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 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.