Startup Trends: Four AI companies advance their products
Four startups in the past week have announced developments in generative artificial intelligence technology.
groq.comTechnology Hardware / Computing hardwareFounded: 2016Funding to Date: $1.05B
Groq is a technology company delivering ultra-low latency performance and record-breaking inference results for the next era of computing in AI, ML, and HPC. The innovative deterministic single core streaming architecture lays the foundation for Groq compiler’s ability to predict exactly the performance and compute time for any given workload. This company was founded by Jonathan Ross in 2016 and is headquartered in Mountain View, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/05/2024 | Series D-2 | $31.77MM | $xx.xx | $2.81B | BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,195,309
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital
|
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08/05/2024 | Series D-1 | $114.78MM | $xx.xx | $2.81B | BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital | |
Price per Share
$xx.xx
Shares Outstanding
9,946,282
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital
|
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08/05/2024 | Series D | $493.45MM | $xx.xx | $2.81B | BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital | |
Price per Share
$xx.xx
Shares Outstanding
30,690,948
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, Global Brain, Samsung, Firestreak Ventures, Assured Asset Management, Dhuna Ventures, IronArc Ventures, Millennia Capital, Opulentia, Referent Ventures, Samarthya Investment Advisors, SGH Capital
|
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04/14/2021 | Series C | $224.14MM | $xx.xx | $1.33B | Tiger Global Management, D1 Capital, The Spruce House Partnership, Addition, GCM Grosvenor, X_, Firebolt Ventures, General Global Capital, Tru Arrow Partners, TDK Ventures, XTX Ventures, Boardman Bay Capital Management, Infinitum Partners | |
Price per Share
$xx.xx
Shares Outstanding
19,422,557
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, D1 Capital, The Spruce House Partnership, Addition, GCM Grosvenor, X_, Firebolt Ventures, General Global Capital, Tru Arrow Partners, TDK Ventures, XTX Ventures, Boardman Bay Capital Management, Infinitum Partners
|
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08/12/2020 | Series B-2 | $114.08MM | $xx.xx | $558.13MM | D1 Capital Partners, TDK Ventures | |
Price per Share
$xx.xx
Shares Outstanding
14,397,570
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital Partners, TDK Ventures
|
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08/12/2020 | Series B-1 | $1.93MM | $xx.xx | $558.13MM | D1 Capital Partners, TDK Ventures | |
Price per Share
$xx.xx
Shares Outstanding
258,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital Partners, TDK Ventures
|
||||||
09/05/2018 | Series B | $36.19MM | $xx.xx | $347.26MM | Social Capital, NFJ Capital, Ascolta Ventures, Cleo Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,356,748
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Social Capital, NFJ Capital, Ascolta Ventures, Cleo Capital
|
||||||
09/05/2018 | Series A-1 | $20.66MM | $xx.xx | $347.26MM | Social Capital, NFJ Capital, Ascolta Ventures, Cleo Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,227,919
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Social Capital, NFJ Capital, Ascolta Ventures, Cleo Capital
|
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12/09/2016 | Series A | $10.67MM | $xx.xx | $35.58MM | Social Capital | |
Price per Share
$xx.xx
Shares Outstanding
10,977,528
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Social Capital
|
Four startups in the past week have announced developments in generative artificial intelligence technology.