TensorWave
TensorWave, founded in 2023 in Las Vegas, USA, provides AMD-based AI model training and inference infrastructure, including large-scale GPU cluster deployment and optimization.
Position in SVTR
Snapshot 2026-10-22- Startup SignalsTop 25%↓14
- ComputeTop 25%↓4
- CloudTop 50%↓1
About
TensorWave, founded in 2023 in Las Vegas, USA, provides AMD-based AI model training and inference infrastructure, including large-scale GPU cluster deployment and optimization. The company is on track to generate over $100 million in revenue by year-end, representing a 20x increase from a year ago.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Company· 12
Investor· 10
Founders / team· 1
Funding history
- 2026-06Series B$350M
Investors · Perpetual Investors, Salesforce Ventures, AMD Ventures, Magnetar Capital, Index VenturesSource · businesswire.com ↗
- 2025-05New funding round$100M
Investors · Prosperity7 Ventures, Nexus Venture Partners, Magnetar Capital, AMD Ventures, Maverick SiliconSource · SVTR Weekly #105
- 2024-10New funding round$43M
Investors · AMD Ventures, Maverick Capital, Nexus VP, StartupNV, Translink CapitalSource · SVTR Weekly #074
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- TensorWave
Provides AMD-based infrastructure for AI model training and inference, including large-scale GPU cluster deployment and optimization
Series B · $493M · 2026-06
$493M
United States
BusinessLatest roundTotal raisedDate- Nexthop AI
Builds cloud infrastructure software that optimizes how large AI models run in multi-cloud environments
Series B · $720M · 2026-03 · Valuation $4.2B
$720MValuation $4.2B - Together
AI acceleration cloud for open-source models, renting out Nvidia GPU clusters and providing training, fine-tuning and inference services
Series C · $1.3B · 2026-07 · Valuation $8.3B
$1.3BValuation $8.3B - CoreWeave
GPU cloud infrastructure services for AI training and inference
Undisclosed · $1.8B · 2024-11
$1.8B
China
BusinessLatest roundTotal raisedDate- Enflame
Cloud AI training and inference chips, AI accelerator cards and modules, intelligent computing systems and clusters, AI computing and programming software platforms
IPO · $1.3B · 2026-09
$1.3B - Kunlunxin
R&D of general-purpose cloud AI chips (GPU/XPU), providing compute for LLM training and inference.
— - Lightelligence
Photonic computing processors/hybrid optoelectronic compute; focuses on photonic networking and photonic computing, and has launched the LightSphere X GPU supernode with distributed optical interconnect and optical switching, an xPU-CPO prototype, and "曦智天枢", which integrates a 128×128 photonic matrix; clusters of several thousand cards have been deployed in intelligent computing centers
Series C · $268M · 2025-09 · Valuation $1.4B
$268MValuation $1.4B
Europe
BusinessLatest roundTotal raisedDate- Verda
Cloud infrastructure for AI workloads
Series B · $450M · 2026-09 · Valuation $1.0B
$450MValuation $1.0B - Nscale
Full-stack AI cloud platform: GPU cloud compute, AI training/inference infrastructure and integrated data center plus power services
Debt / Convertible · $3.7B · 2026-09 · Valuation $15B
$3.7BValuation $15B - Volta
AI cloud infrastructure development
Series A · $300M · 2026-08 · Valuation $2.4B
$300MValuation $2.4B
Other / unspecified
BusinessLatest roundTotal raisedDate- Sunrise
Formerly SenseTime's large chip division; focuses on developing and commercializing AI inference GPUs and inference chips for multimodal use cases
Undisclosed · $582M · 2026-04 · Valuation $1.5B
$582MValuation $1.5B - Helix Digital Infrastructure
Integrated development and operation of data center, power and fiber connectivity infrastructure for hyperscale cloud/AI customers
— - Bitdeer Technologies Group
Two business lines: bitcoin mining (proprietary mining machines, self-operated mining sites, cloud hashrate and hosting services); AI cloud and HPC (converting mining sites into GPU data centers, renting compute as IaaS/PaaS to enterprise AI developers and model training teams and providing AI cloud services).
—
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
NVIDIA
22 Compute deals in the last 24 months · 14 at a nearby stage · 15 in United States
Request intro →Andreessen Horowitz
15 Compute deals in the last 24 months · 7 at a nearby stage · 13 in United States
Request intro →Atreides Management
13 Compute deals in the last 24 months · 6 at a nearby stage · 13 in United States
Request intro →Intel Capital
13 Compute deals in the last 24 months · 6 at a nearby stage · 8 in United States
Request intro →Fidelity
13 Compute deals in the last 24 months · 2 at a nearby stage · 9 in United States
Request intro →Valor Equity Partners
13 Compute deals in the last 24 months · 7 at a nearby stage · 13 in United States
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.