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Palo Alto, United States

SambaNova Systems

$1.0B Series F

Summary

SambaNova Systems raised $1 billion at an $11 billion valuation in the first close of its Series F round. The company said it will use the proceeds to scale the business and strengthen its supply chain, with more investors expected to join in a second close.

Investors

General Atlantic, Intel, Seligman Ventures, T. Rowe Price Associates, Capital Group, A&E Investment, Assam Ventures, Battery Ventures, Cambium Capital, BlackRock, Kabila Capital, QFO Capital, Qatar Investment Authority (QIA), Vista Equity Partners, Volantis