Tech Company Financing Transactions
TensorWave Funding Round
On 6/10/2026, TensorWave raised $350 million in Series B funding from AMD, Magnetar Capital and Maverick Silicon.
Transaction Overview
Company Name
Announced On
6/10/2026
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the new capital for expansion of its global AI infrastructure footprint, including the deployment of next-generation AMD Instinct� MI355X GPU clusters designed for memory-intensive workloads such as large language model training, high-throughput inference, and generative AI applications.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
6543 S Las Vegas Blvd
Las Vegas, NV 89119
USA
Las Vegas, NV 89119
USA
Phone
Undisclosed
Website
Email Address
Overview
TensorWave is a cutting-edge cloud platform designed specifically for AI workloads. Offering AMD MI300X accelerators and a best-in-class inference engine, TensorWave is a top-choice for training, fine-tuning, and inference.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Darrick Horton
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