Tech Company Financing Transactions

CoreWeave Funding Round

CoreWeave, operating out of New York, secured $221 million in funding from Magnetar Capital Return, private investors and NVIDIA.

Transaction Overview

Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$221,000,000
Round
Series B
Investors

Magnetar Capital Return (Lead Investor)

private investors (Daniel Gross)

private investors (Nat Friedman)

NVIDIA

Proceeds Purpose
CoreWeave was focused exclusively on cryptocurrency applications. But it pivoted within the last several years to general-purpose computing as well as generative AI technologies, like text-generating AI models.

Company Information

Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
New York, NY 10001
USA
Phone
Undisclosed
Email Address
Overview
CoreWeave is a modern cloud, providing enterprise scale with the flexibility of a start-up. We build infrastructure that supports compute intensive workloads, so you can focus on what you do best.
Profile
CoreWeave LinkedIn Company Profile
Social Media
CoreWeave Company Twitter Account
Company News
CoreWeave News
Facebook
CoreWeave on Facebook
YouTube
CoreWeave on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Intrator
  Michael Intrator LinkedIn Profile  Michael Intrator Twitter Account  Michael Intrator News  Michael Intrator on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/20/2023: Complai venture capital transaction
Next: 4/20/2023: Abdera Therapeutics venture capital transaction

 

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We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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