Tech Company Financing Transactions
Graphcore Funding Round
Atomico Ventures, Amadeus Capital and C4 Ventures participated in a $30 million Series B funding round for Graphcore. The round was announced by the company on 7/21/2017.
Transaction Overview
Company Name
Announced On
7/21/2017
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding comes as the company prepares to ship its first Intelligence Processing Unit (IPU) hardware to customers later this year, with scale-up production for enterprise datacentres and cloud environments in 2018.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
167 Hamilton Ave.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
We're optimistic for a future where people live healthier, more informed, more creative lives. We see a world where technology enhances human potential, and takes us into a new era of intelligence and progress that everyone can benefit from.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nigel Toon
Chief Financial Officer
Nick Davies
Chief Technical Officer
Simon Knowles
Browse more venture capital transactions:
Prev: 7/21/2017: NeuroVia venture capital transaction
Next: 7/21/2017: SkySafe venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs