Graphcore

SemiconductorsSeries EBristol, UKgraphcore.ai

Latest round

Series E

Last raised

Dec 2020

Total raised

$752M

Investors

22

About Graphcore

Founded in 2016, Graphcore, Inc. is headquartered in Bristol, UK, and focuses on developing advanced machine learning hardware.Graphcore specializes in advanced machine learning hardware and software solutions, primarily through its flagship product, the Intelligence Processing Unit (IPU). These IPUs are designed to accelerate AI workloads, enabling researchers and companies to develop and deploy AI-native applications efficiently. Graphcore’s technology supports various sectors, including financial services, healthcare, and scientific research, facilitating use cases such as drug development and personalized medicine.In 2023, Graphcore generated a revenue of GBP 3,990,000, while its EBITDA for the same year was GBP -94,994,000.In July 2024, Graphcore was fully acquired by SoftBank Corp. The acquisition is likely to facilitate Graphcore's strategic initiatives, which include designing new products and expanding its market footprint. Future plans involve launching upgraded IPU models and entering new markets, with a focus on North America and Asia by mid-2025.

Who invested in Graphcore

22 investors across 6 rounds

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Funding rounds

  1. Series E

    Dec 31, 2020

    Amount

    $242M

    Investors

    Locked

  2. Series D

    Feb 24, 2020

    Amount

    $158M

    Investors

    Locked

  3. Series D

    Feb 13, 2018

    Amount

    $240M

    Investors

    Locked

  4. Series C

    Nov 8, 2017

    Amount

    $50M

    Investors

    Locked

  5. Series B

    Jun 23, 2017

    Amount

    $30M

    Investors

    Locked

  6. Series A

    Jun 8, 2016

    Amount

    $32M

    Investors

    Locked

Questions about Graphcore

Who invested in Graphcore?

Graphcore has 22 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Graphcore raised?

Graphcore has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Graphcore last raise money?

Graphcore's most recent round on record is a Series E, in Dec 2020.

What does Graphcore do?

Founded in 2016, Graphcore, Inc.

Where is Graphcore headquartered?

Graphcore is headquartered in Bristol, UK.

Which VCs invest in companies like Graphcore?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back semiconductors companies at Graphcore's stage. Their profiles are linked below.

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