---
title: "AI chip startup Tenstorrent raised a $1.5B Series E led by Trace Capital and Innovation X at a $6.2B valuation, up from $2.6B after raising $700M in 2024 (Bloomberg)"
type: signal
url: https://frontiernewswire.com/s/ai-chip-startup-tenstorrent-raised-a-1-5b-series-e-led-by-trace-6fcfe3b0
published: 2026-10-19T11:45:00.000Z
byline: "Source: TECHMEME"
---

# AI chip startup Tenstorrent raised a $1.5B Series E led by Trace Capital and Innovation X at a $6.2B valuation, up from $2.6B after raising $700M in 2024 (Bloomberg)

Source: TECHMEME · Published 2026-10-19 · Canonical: https://frontiernewswire.com/s/ai-chip-startup-tenstorrent-raised-a-1-5b-series-e-led-by-trace-6fcfe3b0

Bloomberg : AI chip startup Tenstorrent raised a $1.5B Series E led by Trace Capital and Innovation X at a $6.2B valuation, up from $2.6B after raising $700M in 2024 — AI chip startup Tenstorrent Inc., after attracting takeover interest earlier this year, has raised $1.5 billion from investors …

## Sources

- [Read the original at TECHMEME](https://www.techmeme.com/261019/p18#a261019p18)

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