Tenstorrent is a next-generation computing company with the mission of addressing the rapidly growing compute demands for software 2.0.

Tenstorrent is building AI silicon spanning from embedded computing to the data center.

Tenstorrent was founded in 2016 by Ljubisa Bajic, Ivan Hamer, and Milos Trajkovic. The company is headquartered in Toronto, Ontario, Canada, with U.S. offices in Austin, Texas, and Silicon Valley.


Tenstorrent brings together experts in the field of computer architecture, ASIC design, advanced systems, and neural network compilers.


Tenstorrent developed Grayskull, the first of a new generation of AI computers. Built to run AI, math engine for matrix multiply, convolution and tensor manipulation.


Tenstorrent also developed Tenstorrent DevCloud to give people the opportunity to try their models on their servers without purchasing their hardware. Larger systems powered by Tenstorrent's technology will be available through partners.


Tenstorrent is backed by Fidelity Management and Research Company, Eclipse Ventures, Epic CG, Moore Capital, Real Ventures and others. The company raised $200M in Series C round on May 20, 2021. This brings Tenstorrent's total funding to $234.5M to date. The latest round valued the company at $1B post-money.



  • Year founded: 2016
  • Funding Info: $234.5M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1B as of May 20, 2021
  • City/Town: Toronto
  • State: Ontario
  • Country: Canada
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