How Much Did Graphcore Raise? Funding & Key Investors

Graphcore has successfully joined the SoftBank Group, marking a significant milestone in its journey to accelerate machine learning in the cloud. The company offers a range of technologies, including Cloud IPUs, Data Centre IPUs, and the Poplar® software, designed to enhance AI and machine learning capabilities.

Keep reading to explore the intricacies of Graphcore's fundraising journey and the investors backing this innovative platform.

What Is Graphcore?

Graphcore is a company that specializes in developing advanced hardware and software solutions to accelerate machine learning and artificial intelligence. Their technology, including IPU (Intelligence Processing Unit) systems, is designed to enhance the capabilities of AI applications across various industries such as finance, healthcare, scientific research, and AI-native startups.

Operating in the artificial intelligence and machine learning industry, Graphcore aims to drive innovation and improve human potential through their cutting-edge AI compute solutions. They have recently joined the SoftBank Group, marking a significant milestone in their growth and development.

How Much Funding Has Graphcore Raised?

1. Series A
   • Amount Raised: $30M
   • Date: Oct 2016
   • Lead Investors: Amadeus Capital Partners, Bosch Ventures, Samsung Strategy and Innovation Center
2. Series B
   • Amount Raised: $30M
   • Date: Jul 2017
   • Lead Investors: Atomico
3. Series C
   • Amount Raised: $50M
   • Date: Nov 2017
   • Lead Investors: Sequoia Capital
4. Series D
   • Amount Raised: $200M
   • Date: Dec 2018
   • Lead Investors: BMW i Ventures, Microsoft
5. Series D
   • Amount Raised: $150M
   • Date: Feb 2020
   • Lead Investors: Mayfair Equity Partners
6. Series E
   • Amount Raised: $222M
   • Date: Dec 2020
   • Lead Investors: Ontario Teachers' Pension Plan
7. Private Equity Round
   • Date: Feb 2021

In total, Graphcore has raised $682M in funding.

Key Investors

• Ontario Teachers' Pension Plan
  • Details: The Ontario Teachers' Pension Plan is one of the largest institutional investors in the world, managing the retirement funds of Ontario's educators. They have a diversified portfolio that spans across various asset classes and geographies.
  • Investment Focus Areas: Technology, infrastructure, real estate
  • Notable Investments: SpaceX, Epic Games, Ancestry
• Mayfair Equity Partners
  • Details: Mayfair Equity Partners is a private equity firm that focuses on investing in growth-oriented companies. They provide capital and strategic support to help businesses scale and achieve their potential.
  • Investment Focus Areas: Technology, consumer, media
  • Notable Investments: YO! Sushi, OVO Energy, SuperAwesome
• BMW i Ventures
  • Details: BMW i Ventures is the venture capital arm of BMW Group, investing in cutting-edge technology and innovative solutions. They aim to shape the future of mobility and transportation.
  • Investment Focus Areas: Mobility, transportation, sustainability
  • Notable Investments: ChargePoint, RideCell, Xometry
• Microsoft
  • Details: Microsoft is a global technology company known for its software products, including the Windows operating system and Office suite. They also have a significant presence in cloud computing through Azure.
  • Investment Focus Areas: Cloud computing, artificial intelligence, software
  • Notable Investments: OpenAI, LinkedIn, GitHub
• Sequoia Capital
  • Details: Sequoia Capital is a venture capital firm that has backed some of the most successful technology companies in the world. They focus on early and growth-stage investments.
  • Investment Focus Areas: Technology, healthcare, consumer
  • Notable Investments: Apple, Google, WhatsApp

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