SambaNova Systems was founded in 2017 by Kunle Olukotun, Oyekunle Olukotun, and Rodrigo Liang. SambaNova Systems has not publicly endorsed a plan to participate in an IPO.
SambaNova Systems is an AI application hardware company that runs hardware connected to the cloud. Per Forge data, SambaNova Systems has raised a total of $1.1 billion in funding over 6 rounds. Their latest funding was raised on Apr 13, 2021, from a Series D round. Key investors include BlackRock, Intel Capital, Google Ventures, SoftBank Vision Fund, Celesta Capital, and Walden International.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/13/2021 | Series D-1 | $488.63MM | $xx.xx | $5.11B | Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,142,549
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital
|
||||||
04/13/2021 | Series D-2 | $148.69MM | $xx.xx | $5.11B | Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,564,816
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital
|
||||||
04/13/2021 | Series D-3 | $38.68MM | $xx.xx | $5.11B | Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital | |
Price per Share
$xx.xx
Shares Outstanding
407,073
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gic, Gv, Intel Capital, Softbank, Temasek, Walden International, Wrvi Capital
|
||||||
02/25/2020 | Series C-1 | $158.1MM | $xx.xx | $2.5B | Blackrock, Gv, Intel Capital, Redline Capital, Walden International, Wrvi Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,969,462
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gv, Intel Capital, Redline Capital, Walden International, Wrvi Capital
|
||||||
02/25/2020 | Series C-2 | $50MM | $xx.xx | $2.5B | Blackrock, Gv, Intel Capital, Redline Capital, Walden International, Wrvi Capital | |
Price per Share
$xx.xx
Shares Outstanding
939,116
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Gv, Intel Capital, Redline Capital, Walden International, Wrvi Capital
|
||||||
04/01/2019 | Series B | $141.6MM | $xx.xx | $883.28MM | Atlantic Bridge Ventures, Gv, Intel Capital, Redline Capital, Walden International | |
Price per Share
$xx.xx
Shares Outstanding
6,417,284
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlantic Bridge Ventures, Gv, Intel Capital, Redline Capital, Walden International
|
||||||
06/06/2018 | Series A | $56.6MM | $xx.xx | $211.58MM | Atlantic Bridge Ventures, Gv, Redline Capital, Walden International | |
Price per Share
$xx.xx
Shares Outstanding
8,690,957
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlantic Bridge Ventures, Gv, Redline Capital, Walden International
|
||||||
09/22/2017 | Series Seed | $4MM | $xx.xx | $18MM | Walden International | |
Price per Share
$xx.xx
Shares Outstanding
5,090,937
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Walden International
|