$82.32 $82.32+$73.55 (838.65%)+$34.32 (71.50%)+$25.54 (44.98%)+$27.12 (49.13%)+$27.12 (49.13%)-$6.68 (-7.51%)
| Funding Date | Round | Amount Raised | Price Per Share | Post-Money Valuation 3 | Key Investors | |
|---|---|---|---|---|---|---|
| 10/16/2024 | Series D | $359.55MM | $80.23 | $4.4B | Fidelity, Gv, T. Rowe Price | |
|
Price Per Share
$80.23
Shares Outstanding
4,481,470
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Gv, T. Rowe Price
|
||||||
| 10/16/2024 | Series D-1 | $26.97MM | $80.23 | $4.4B | Fidelity, Gv, T. Rowe Price | |
|
Price Per Share
$80.23
Shares Outstanding
336,110
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Gv, T. Rowe Price
|
||||||
| 10/16/2024 | Series C-3 | $13.48MM | $26.00 | $4.4B | Fidelity, Gv, T. Rowe Price | |
|
Price Per Share
$26.00
Shares Outstanding
518,548
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Gv, T. Rowe Price
|
||||||
| 12/19/2023 | Series C-2 | $155MM | $26.00 | $1.2B | Gv, Viking Global Investors | |
|
Price Per Share
$26.00
Shares Outstanding
5,961,129
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Viking Global Investors
|
||||||
| 05/31/2023 | Series C-1 | $153.28MM | $16.46 | $637.5MM | Fidelity, Gv, Hpe Pathfinder, Sip Global Partners, Viking Global Investors | |
|
Price Per Share
$16.46
Shares Outstanding
9,314,246
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fidelity, Gv, Hpe Pathfinder, Sip Global Partners, Viking Global Investors
|
||||||
| 05/06/2021 | Series B-2 | $75.75MM | $8.77 | $251.03MM | Gv, Hp Enterprise, Lockheed Martin, Matrix Partners, Sip Global Partners, Spark Capital, Viking Global Investors | |
|
Price Per Share
$8.77
Shares Outstanding
8,632,872
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Hp Enterprise, Lockheed Martin, Matrix Partners, Sip Global Partners, Spark Capital, Viking Global Investors
|
||||||
| 05/06/2021 | Series B-1 | $5.06MM | $7.02 | $251.03MM | Gv, Hp Enterprise, Lockheed Martin, Matrix Partners, Sip Global Partners, Spark Capital, Viking Global Investors | |
|
Price Per Share
$7.02
Shares Outstanding
720,596
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Hp Enterprise, Lockheed Martin, Matrix Partners, Sip Global Partners, Spark Capital, Viking Global Investors
|
||||||
| 02/25/2019 | Series A-1 | $22.29MM | $5.90 | $92.15MM | Gv, Viking Global Investors | |
|
Price Per Share
$5.90
Shares Outstanding
3,779,517
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Viking Global Investors
|
||||||
| 02/05/2018 | Series A | $11.1MM | $2.75 | $31.71MM | Matrix Partners, Spark Capital | |
|
Price Per Share
$2.75
Shares Outstanding
4,031,966
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Matrix Partners, Spark Capital
|
||||||
Artificial intelligence has become one of the most powerful investment themes in private markets, but the story extends far beyond the popular consumer-facing applications of the day. Behind every AI breakthrough sits a rapidly expanding infrastructure stack encompassing compute, networking and storage architectures designed to support increasingly demanding workloads.
Five firms from various industries — Form Energy, Physical Intelligence, Lightmatter, Beta Technologies and Writer — ranked among the highest in fundraising for the fourth quarter of 2024.
| Trade Metrics | Last Funding Round | |||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Last Matched | Round | Post-Money Valuation 3 | Price Per Share | Amount Raised | ||
 | Atom Computing | Not available | $xx.xx | Series C-1 | $722.61MM | $1.34 | $181.69MM | |
 | Ayar Labs | $52.24 +$22.44 (75.30%) | $xx.xx | Series E | $3.75B | $52.24 | $375MM | |
 | Etched | Not available | $xx.xx | Series B | $5B | $15.53 | $169.97MM | |
 | FluidStack | Not available | $xx.xx | Not available | -- | -- | -- | |
 | PsiQuantum | $30.48 -$0.07 (0.23%) | $xx.xx | Series E | $7B | $41.13 | $969.82MM | |
 | Substrate | Not available | $xx.xx | Not available | -- | -- | -- | |
 | Tenstorrent | Not available | $xx.xx | Series E | $4.02B | $80.85 | $800MM | |
 | Verkada | $10.25 +$0.93 (9.98%) | $xx.xx | Late Stage Venture | $5.8B | -- | -- | |
 | Xanadu | Not available | $xx.xx | Not available | -- | -- | -- | |
 | d-Matrix | Not available | $xx.xx | Series C | $2B | $17.98 | $248.4MM | |
Updated on: Jun 4, 2026
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