Type One Ventures Backs Groq in $640M Series D, Fueling AI Inference Innovation

Type One Ventures is proud to back Groq in its $640M Series D funding round, which values the company at $2.8B. As a firm committed to supporting breakthrough technologies, we recognize Groq’s transformative impact on AI inference. The round was led by funds and accounts managed by BlackRock Private Equity Partners, with participation from Neuberger Berman, strategic investors such as Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, Samsung Catalyst Fund, and other new and existing investors. Groq’s vertically integrated AI inference platform is redefining speed and efficiency, driving unprecedented demand from developers worldwide.

 Full Story Here: https://groq.com/news_press/groq-raises-640m-to-meet-soaring-demand-for-fast-ai-inference/