# TensorWave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tensorwave

- Industry: Hardware
- Headquarters: Las Vegas, US
- Website: www.tensorwave.com/
- Total disclosed funding: $493M
- Latest round: Series B (Jun 10, 2026)
- Investors on record: 11

## About

Based in the US, TensorWave Inc. operates as a provider of cloud services for artificial intelligence computation.Founded in 2023 by Darrick Horton, Jeff Tatarchuk, and Piotr Tomasik, and based in Nevada, US, TensorWave Inc. is a cloud platform providing artificial intelligence workload solutions accelerators. 
In June 2026, TensorWave Inc. raised USD 350 million in series B funding co-led by returning investors Magnetar Capital and AMD Ventures, with participation from other returning investors Maverick Capital, Nexus Venture Partners. New investors Good Growth Capital, Ocap Ventures, and Western Frontier other unspecified investors also participated in the round.
TensorWave provides a cloud platform specifically designed for AI workloads, utilizing AMD's MI300X accelerators. The platform supports training, fine-tuning, and inference tasks, offering memory capacity and bandwidth advantages over competing solutions. Users can select between bare-metal nodes or fully managed Kubernetes clusters, facilitating flexibility in deployment. TensorWave supports integration with popular machine learning frameworks, such as PyTorch and TensorFlow, without the need for code modifications. The service also provides data security by maintaining a dedicated environment for client data, ensuring privacy and protection throughout operations.

## Funding rounds

- Series B, Jun 10, 2026, $350M — Magnetar Capital, Nexus Venture Partners, Maverick Capital, AMD Ventures, Good Growth Capital, Ocap Ventures, Western Frontier
- Series A, Apr 8, 2025, $100M — Nexus Venture Partners, Maverick Capital, Magnetar Venture, AMD Ventures, Prosperity7
- Seed, Oct 8, 2024, $43M — TransLink Capital, Nexus Venture Partners, Javelin Venture Partners, Maverick Capital, AMD Ventures

## Investors

- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Seed
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B
- Javelin Venture Partners (https://capitalatlas.ai/funds/javelin-venture-partners) — Seed
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Seed, Series A, Series B
- AMD Ventures (https://capitalatlas.ai/funds/amd-ventures) — Seed, Series A, Series B
- Magnetar Venture (https://capitalatlas.ai/funds/magnetar-venture) — Series A
- Prosperity7 (https://capitalatlas.ai/funds/prosperity7) — Series A
- Magnetar Capital (https://capitalatlas.ai/funds/magnetar-capital) — Series B
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Series B
- Ocap Ventures — Series B
- Western Frontier — Series B