Groq funding rounds & valuation history
Groq, the AI inference company behind the LPU chip and GroqCloud, from its 2021 Series C through the 2025 Nvidia licensing deal to its 2026 rounds as an inference cloud, sourced to Groq’s releases, TechCrunch and CNBC.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Reported talks |
Series B (seeking)Reported talks, not a closed round; Groq and Disruptive declined to comment. Tech Funding News puts the August 2026 Series A at a $3.15B pre-money valuation, consistent with Groq’s $3.5B figure after the $350M raise. |
Not disclosed |
Not disclosed (approached by executive chairman Alex Davis) |
$8B (sought)Bloomberg (documents seen): Groq is seeking an $8B valuation; Tech Funding News says it excludes new capital (pre-money). Not closed |
—Not disclosedTalks-stage or discussed figure; no multiple |
||
Closed round |
Series A (post-Nvidia-licensing Groq)Groq LLC restarted its series lettering after the Nvidia deal. Its release says the raise is “subject to customary closing conditions”. TechCrunch: “down from the $6.9 billion” of Sep 2025; Groq told TechCrunch it is not a down round but a new valuation for the post-licensing company, so no step-up is shown. |
$350M |
DisruptiveAlso: Nvidia (participation “planned”) |
$3.5BStated by Groq (“values the company at $3.5 billion”); basis not stated |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Growth roundGroq: “$650 million in new growth capital”; with the August Series A, recent funding totals $1B. |
$650M |
Disruptive, InfinitumAlso: Investors who elected to reinvest |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Funding roundLast round before the December 2025 Nvidia licensing deal. |
$750M |
DisruptiveAlso: BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners; Samsung, Cisco, D1, Altimeter |
$6.9BPost-money (TechCrunch: Groq “confirmed … a post-money valuation of $6.9 billion”)2.46× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series DTechCrunch puts the April 2021 valuation at about $1B; approximate, so no step-up. |
$640M |
BlackRock Private Equity PartnersAlso: Neuberger Berman, Type One, Cisco Investments, KDDI Open Innovation Fund III, Samsung Catalyst Fund |
$2.8BStated by Groq; basis not stated |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series CCo-led. Total funding $367M (Groq). |
$300M |
Tiger Global Management, D1 CapitalAlso: The Spruce House Partnership, Addition |
About $1B (reported later)Groq did not state a valuation; TechCrunch (Aug 2024) puts it at “~$1 billion” |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Closed rounds with a stated valuation. The 2021 (~$1B, reported later) and June 2026 (not disclosed) rounds are not plotted.
Sources: Groq; TechCrunch. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 14 Apr 2021 · Closed
Series C: $300M co-led by Tiger Global and D1.
- 5 Aug 2024 · Closed
Series D: $640M at $2.8B, led by BlackRock.
- 17 Sep 2025 · Closed
$750M at $6.9B post-money, led by Disruptive.
- 24 Dec 2025 · Licensing deal
Nvidia takes a non-exclusive licence to Groq’s inference technology and hires its founder and leaders (about $20B per CNBC). Not a funding round.
- 22 Jun 2026 · Closed
$650M growth round led by Disruptive and Infinitum.
- 17 Aug 2026 · Closed
New Series A: $350M at $3.5B, led by Disruptive.
- 6 Nov 2026 · Talks
Seeking a Series B at an $8B valuation (Bloomberg); not closed.
Cite this dataset
Free to quote with a link back. Copy this citation:
Groq Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/groq/
Download the data
The same 6 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
groq-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/groq-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Reported talks
A raise reported by the press as under discussion and not confirmed as closed. Not charted, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed and early rounds before 2021, the December 2025 Nvidia licensing payment (a licence and hiring deal, not equity funding), debt and data-centre financing, and the Saudi Arabia infrastructure commitments.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 2, not yet published).
Sources
- Bloomberg: Neocloud Groq Aims to Double Value to $8 Billion Amid AI Selloff, 6 Nov 2026
- Tech Funding News: Nvidia-backed Groq seeks $8B valuation, 2.5x its August mark…, 9 Nov 2026
- Groq: Groq Closes $350 million Series A…, 17 Aug 2026
- TechCrunch: Groq raises $350M to fuel its pivot from AI chips to neocloud, 17 Aug 2026
- DatacenterDynamics: Groq raises $350m, with Nvidia participation “planned”, 18 Aug 2026
- Groq: Groq Raises $650M to Scale Its AI Inference Cloud Business, 22 Jun 2026
- CNBC: Nvidia-Groq $20 billion deal faces stockholder lawsuit, 5 Oct 2026
- CNBC: Nvidia buying AI chip startup Groq’s assets for about $20 billion…, 24 Dec 2025
- TechCrunch: Nvidia AI chip challenger Groq raises even more than expected, hits $6.9B valuation, 17 Sep 2025
- Groq (PR Newswire): Groq Raises $640M to Meet Soaring Demand for Fast AI Inference, 5 Aug 2024
- TechCrunch: AI chip startup Groq lands $640M to challenge Nvidia, 5 Aug 2024
- Groq (PR Newswire): Groq Closes $300 Million Fundraise, 14 Apr 2021