Impact startupOtherSeries C+
Groq
Groq is an AI inference company that runs AI models on its LPU-based infrastructure. Former Google engineers founded it in 2016. In December 2025 Nvidia agreed to license Groq's technology and hire founder and then-CEO Jonathan Ross, and Groq said it would stay independent.
Executive Chairman
Founder
Jonathan Ross
Founded
2016
Who it reaches
Developers who run AI models on GroqCloud, its developer platform.
Key facts
- Founded
- 2016, by a group of former Google engineers led by Jonathan Rosssource
- Series D
- $640 million in August 2024, led by BlackRock Private Equity Partners, valuing the company at $2.8 billionsource
- Latest round
- has raised $350 million, at a $3.5 billion valuationsource
- Nvidia agreement
- December 2025; reportedly valued at approximately US$20 billionsource
- Data centers
- a dozen data centers across the U.S., Canada, the Middle East, and Europe, as of 2025source
WYDE coverage of Groq
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Sources
Track the institutions that move money.
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