Cloud platform for running AI inference through developer APIs.
Groq Funding History
Groq provides infrastructure for running AI models, with a history rooted in its Language Processing Unit architecture. Following a 2025 technology-licensing and leadership agreement with NVIDIA, the continuing cloud business raised fresh capital in 2026 and expanded its inference infrastructure.
Company Overview
Groq
Founded 2016
Official WebsiteGroq Funding Timeline
Series A
$350M · $3.5B valuation
Issuer scope: Groq LLC. Issuer text makes financing subject to customary closing conditions. NVIDIA participation is planned, not recorded here as completed.
Led by Disruptive.
Source · groq.com ↗Growth Capital
$650M
Issuer scope: continuing cloud business.
Led by Disruptive, Infinitum Asset Management.
Source · groq.com ↗Growth Financing
$750M · $6.9B valuation
Groq Inc. announced 750 million US dollars in this Growth financing. This predates the NVIDIA licensing transaction and the continuing cloud business’s 2026 financing. The announcement names additional investors; displayed investor identities are partial.
Led by Disruptive. Participation included BlackRock, Samsung Electronics, Cisco, D1 Capital, Altimeter Capital, Infinitum Asset Management.
Source · prnewswire.com ↗Series D
$640M · $2.8B valuation
Groq Inc. announced 640 million US dollars in this Series D. This predates the NVIDIA licensing transaction and the continuing cloud business’s 2026 financing. The announcement names additional investors; displayed investor identities are partial.
Led by BlackRock. Participation included Cisco Investments.
Source · hpcwire.com ↗Series C
$300M
Issuer scope: Groq Inc.. Issuer says $367 million cumulative after the round; this cumulative total is not an additional event. The announcement names additional investors; displayed investor identities are partial.
Led by Tiger Global, D1 Capital. Participation included Addition.
Source · prnewswire.com ↗
Groq Founding Team
Jonathan Ross founded Groq and led its original chip and inference program. Following the NVIDIA agreement, Groq named Simon Edwards CEO of the continuing business; its 2026 announcements identify Alex Davis as executive chairman.
Groq Products
Groq Company Development
A Chip Architecture Becomes an Inference Business
Founded in 2016, Groq built its own LPU architecture and subsequently made that technology available through GroqCloud. Its $300 million Series C in 2021 and $640 million Series D in 2024 financed successive stages of hardware development and inference capacity.
NVIDIA Licenses Technology and Hires Senior Leaders
In December 2025, Groq announced a non-exclusive technology-licensing agreement with NVIDIA. Jonathan Ross, Sunny Madra and other employees were to join NVIDIA, while Groq said its independent business and GroqCloud would continue with Simon Edwards as CEO. The announcement did not disclose consideration.
New Capital Supports the Continuing Cloud Company
Groq announced US$650 million in growth capital in June 2026. In August, Groq LLC announced a US$350 million Series A at a US$3.5 billion valuation, bringing recent financing to US$1 billion. The August announcement retained customary closing conditions. These rounds financed the continuing cloud operation after the NVIDIA licensing and leadership transaction.
FAQ
What does Groq sell?
Groq supplies AI inference infrastructure and cloud access for developers and enterprises running models.
Is Groq the same as Grok?
No. Groq is the inference infrastructure company; Grok is the name of xAI’s AI assistant and model family.
Did NVIDIA acquire all of Groq?
Groq announced a non-exclusive technology licence and the transfer of senior staff to NVIDIA, while stating that its independent cloud business would continue.
Why does Groq have a Series A after a Series D?
The 2026 Series A announcement identifies Groq LLC, following the NVIDIA transaction. Earlier rounds belong to the pre-transaction Groq Inc. financing history.