TensorWave

Stub active Updated Jun 11, 2026

This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.

Location Manhattan Beach, California
Founded 2023
Latest Stage Series B
Total Raised ~$493M
Website https://tensorwave.com
Sector
ai ai-infrastructure semiconductors hardware

About

TensorWave is a Manhattan Beach-based AI hardware startup founded by ex-Lockheed Martin Skunk Works engineers that builds AMD-based AI accelerator clusters as an alternative to NVIDIA’s GPU dominance 1. The company develops “TE1 chips” for large-model workloads, offering enterprises an alternative to vendor lock-in 1. Following its Series B, the company is valued at approximately $1.55B 1.

Funding History

Date Round Amount Lead Co-investors
2026-06-10 Series B $350M Magnetar Capital AMD Ventures, Good Growth Capital, Ocap Ventures 1

What Investors Say

No independently sourced investor quotes found at time of publication.

What Founders Say

No independently sourced founder testimonials found at time of publication.

Sources

  1. TechStartups, “Venture Capital & Startup Funding Roundup, June 10, 2026.” Accessed June 2026. https://techstartups.com/2026/06/10/venture-capital-startup-funding-roundup-june-102026/↩↩↩↩