Bristol-linked Graphcore has raised cash from Microsoft, Samsung, BMW i Ventures, Robert Bosch Venture Capital and Dell Technologies Capital at a valuation of $1.7bn.
Graphcore, a UK-based artificial intelligence chip producer linked to University of Bristol, secured $200m in series D funding at a $1.7bn valuation yesterday, in a round that included several corporate investors.
Carmaker BMW, industrial technology producer Bosch, computing equipment maker Dell, software provider Microsoft and electronics manufacturer Samsung all participated in the round, the first three through BMW i Ventures, Robert Bosch Venture Capital (RBVC) and Dell Technologies Capital.
The corporates were joined by venture capital firm Atomico,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
