AI Semiconductors

SambaNova Systems

Medium48% confidenceProfile verified Jul 23, 2026

An AI chip maker built around a reconfigurable dataflow architecture, positioned as an enterprise-focused alternative to NVIDIA for both AI training and inference. SambaNova raised $1 billion in a Series F first close at an $11 billion valuation in July 2026, led by General Atlantic with participation from T. Rowe Price, Capital Group, the Qatar Investment Authority, and Battery Ventures, five months after a $350 million Series E in February 2026, more than doubling its last disclosed valuation of $5.1 billion from a 2021 Series D; JPMorgan Chase signed on as a customer, deploying SambaNova's chips to power in-house AI workloads.

Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

1 source · 58% avg. source confidence

  • Bloomberg / TechCrunchSambaNova raises $1B at $11B valuation, signs JPMorgan as customer58% source confidence

Dependency Map

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Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

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The Story So Far (last 6 months)

Feb 2026: $350M Series EJul 2026: Raises $1B Series F at $11B valuation, signs JPMorganJul 2026: SambaNova raises $1B at $11B valuation, signs JPMorgan as customer

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

SambaNova Systems's Timeline

A sourced, dated history of SambaNova Systems's key moments — founding to present.

  1. Jan 2021 · Reaches $5.1B valuation at Series D

    SambaNova reached a $5.1 billion valuation at its Series D round, its previously disclosed high-water mark.

  2. Feb 2026 · $350M Series E

    SambaNova raised a $350 million Series E round.

  3. Jul 2026 · Raises $1B Series F at $11B valuation, signs JPMorgan

    SambaNova raised $1 billion in a Series F first close at an $11 billion valuation, led by General Atlantic with participation from T. Rowe Price, Capital Group, the Qatar Investment Authority, Battery Ventures and Seligman Ventures, more than doubling its 2021 valuation; JPMorgan Chase signed on as a customer, deploying SambaNova's chips to power in-house AI workloads.