Key Metrics
Company Snapshot
Upscale AI is a AI infra company, based in Santa Clara, California, USA, founded 2025 by Barun Kar, Rajiv Khemani. Latest valuation $2B (As of Jun 22, 2026, Fortune). Total funding $500M (As of Jun 22, 2026).
Recent changes
- Jun 26, 2026Jun 26, 2026Upscale AI Hits a $2B Valuation With a $190M Series A Extension for AI Networking Pulse story
- Jun 24, 2026Jun 24, 2026Upscale AI Raises $190M at $2B Valuation for AI Networking Infrastructure Pulse story
- Jun 22, 2026Jun 22, 2026Raised $190M Series A-1 (extension) at a $2B valuation Fortune
- Jun 22, 2026Jun 22, 2026First reported total funding: $500M Fortune
- Jun 22, 2026Jun 22, 2026First reported valuation: $2B Fortune
Earlier changes (10)
- Jun 22, 2026Jun 22, 2026New investor: Seligman Ventures Fortune
- Jun 22, 2026Jun 22, 2026New investor: Nvidia Fortune
- Jun 22, 2026Jun 22, 2026New investor: Mayfield Fund Fortune
- Jun 22, 2026Jun 22, 2026New investor: Tiger Global Management Fortune
- Jun 22, 2026Jun 22, 2026New investor: Prosperity7 Ventures Fortune
- Jun 22, 2026Jun 22, 2026New investor: Salesforce Ventures Fortune
- Jun 22, 2026Jun 22, 2026New investor: StepStone Group Fortune
- Jun 22, 2026Jun 22, 2026New investor: Temasek Fortune
- Jun 22, 2026Jun 22, 2026New investor: Maverick Silicon Fortune
- Jun 22, 2026Jun 22, 2026New investor: Premji Invest Fortune
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jun 22, 2026 | Series A-1 (extension) | $190M | $2B | Fortune |
Investors
Latest Pulse
- Aug 20, 2026Early Cerebras Backer Adit Singh Joins MayfieldAdit Singh, the Foundation Capital partner who co-led Cerebras's first funding round a decade ago, has joined Mayfield as an infrastructure partner focused on semiconductors, hardware, cybersecurity and physical AI.→
- Jun 29, 2026DeepSeek and Peking University Open-Source DSpark, Speeding LLM Inference by Up to 85%DeepSeek and Peking University open-sourced DSpark, a speculative-decoding framework that boosts per-user LLM generation speed by 60-85% -- and up to 661% throughput under tight latency constraints -- without hardware upgrades or model retraining. Released under the MIT license and already live in DeepSeek's V4-Flash and V4-Pro production models, it is another Chinese efficiency breakthrough aimed at slashing the cost of serving AI.→
- Jun 29, 2026Reed Semiconductor Raises Upsized $100M to Build Power Delivery for AI Data CentersReed Semiconductor closed an oversubscribed, upsized $100 million growth round with participation from leading global semiconductor companies, to scale its turnkey power-delivery solutions for AI data centers and high-performance computing. As AI clusters strain the grid and the silicon that feeds them, power delivery has become one of the buildout's most acute bottlenecks -- and one investors are racing to fund.→
- 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, 2026Upscale AI Hits a $2B Valuation With a $190M Series A Extension for AI NetworkingUpscale AI raised a $190 million Series A extension led by Premji Invest, taking its total Series A to roughly $500 million and its valuation to $2 billion. The company builds AI networking infrastructure -- the high-speed fabric that connects GPUs inside data centers -- positioning it in one of the hottest and most capital-intensive corners of the AI buildout.→
- Jun 25, 2026Baseten Raises $1.5B Series F at a $13B Valuation for AI InferenceAI inference software provider Baseten raised a $1.5 billion Series F at roughly a $13 billion valuation -- its fourth fundraise in 18 months and the largest US venture round of the week. The company sells the systems software that lets enterprises run AI workloads efficiently, riding the shift in AI spending from one-time training to perpetual, usage-based inference.→
- Jun 24, 2026Mirendil Raises $200M Seed to Build AI That Excels at AI R&DMirendil, a San Francisco frontier lab building systems designed to excel at AI research and development itself, raised a $200 million seed round led by Andreessen Horowitz and Kleiner Perkins. The gargantuan seed reflects investor conviction that automating AI research -- models that help build better models -- could be the highest-leverage frontier in the field.→
- Jun 24, 2026Upscale AI Raises $190M at $2B Valuation for AI Networking InfrastructureAI networking startup Upscale AI raised a $190 million Series A extension led by Premji Invest at a $2 billion valuation, bringing total financing to roughly $500 million. The company builds the high-speed networking fabric that links thousands of AI accelerators into coherent clusters -- an increasingly critical and capital-hungry layer as model training and inference scale.→
Coverage Timeline
newest firstAll Coverage
FUNDING$190M
Upscale AI Hits a $2B Valuation With a $190M Series A Extension for AI Networking
Upscale AI raised a $190 million Series A extension led by Premji Invest, taking its total Series A to roughly $500 million and its valuation to $2 billion. The company builds AI networking infrastructure -- the high-speed fabric that connects GPUs inside data centers -- positioning it in one of the hottest and most capital-intensive corners of the AI buildout.
Upscale AI Raises $190M at $2B Valuation for AI Networking Infrastructure
FUNDING$190M
Upscale AI Raises $190M at $2B Valuation for AI Networking Infrastructure
AI networking startup Upscale AI raised a $190 million Series A extension led by Premji Invest at a $2 billion valuation, bringing total financing to roughly $500 million. The company builds the high-speed networking fabric that links thousands of AI accelerators into coherent clusters -- an increasingly critical and capital-hungry layer as model training and inference scale.
Related Companies
Upscale AI FAQ
What is Upscale AI's valuation?
Upscale AI's valuation is $2B (As of Jun 22, 2026, Fortune).
How much has Upscale AI raised?
Upscale AI has raised $500M in total funding (As of Jun 22, 2026, Fortune).
Who are Upscale AI's investors?
Upscale AI's investors include Premji Invest, Maverick Silicon, Mayfield Fund, Nvidia, Prosperity7 Ventures, and 5 more (As of Jun 22, 2026).
Sources & methodologyshow
Where these figures come from
- Fortunemajor outlet3 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.