TensorWave

Raised $350M in a Series B round, announced 10 June 2026.

Round

TensorWave raised $350 million in a Series B round co-led by AMD and Magnetar.

Amount: $350M
Stage: Series B
Announced: 10 June 2026
Leads: Magnetar, AMD Ventures
Other investors: Maverick Silicon, Nexus Venture Partners, Western Frontier
Use of funds: Expand global AI infrastructure footprint, including deploying next-generation AMD Instinct MI355X GPU clusters for memory-intensive workloads.
Valuation: $1.6B
Checked: Amount and date matched across 3 press sources

Provides AI computing infrastructure built on GPU cloud capacity for AI workloads.

Sources: TensorWave raises $350M Series B at a $1.55B valuation, co-led by AMD and Magnetar - Dealroom news.google.com
TensorWave Raises $350 Million Series B at $1.55B Valuation to Expand Global AMD-Powered AI Infrastructure - B news.google.com
TensorWave Raises $350 Million Series B At $1.55 Billion Valuation To Expand AMD-Powered AI Infrastructure - P news.google.com
Website: tensorwave.com ↗
LinkedIn: Darrick Horton ↗, Piotr Tomasik ↗

MediaBoost gets your round in front of the press, future hires and your next investors.