Groq Raises $640 Million; Startup Now Valued at $2.8 Billion – Equitypandit
August 6, 2024August 6, 2024 The AI chip startup Groq announced on 6 August that it had raised $640 million through a Series D funding round led by Cisco Investments, BlackRock Private Equity Partners, and Samsung Catalyst Funds, among others. This brings the company’s valuation to $2.8 billion. The…