Funding round
Groq Growth
Reported as "Growth Equity"
Groq, which works in AI accelerator hardware development in San Jose, raised $650M in a Growth round announced on 22 Jun 2026, led by Disruptive and Infinitum. 2 firms took part, 2 of them already investors. It is Groq's seventh venture round on record; the one before was a Growth in Sep 2025.
$650M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Groq did not disclose a valuation in this round; its last disclosed one was $6.90B at the Growth (Sep 2025). It came 9 months after Groq's Growth. It is 27% of the $2.41B Groq has raised in the venture rounds on record. No later venture round is on record for Groq.
Groq's funding rounds
Groq has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Apr 2017, led by Social Capital $10M
- Series A 20 Apr 2017, led by Social Capital $10M
- Series B 4 Sep 2018, led by Social Capital $52M
- Series C 14 Apr 2021, led by Tiger Global and D1 Capital Partners $300M$1.00B post-money
- Series D 5 Aug 2024, led by BlackRock Private Equity Partners and BlackRock $640M$2.80B post-money
- Growth 17 Sep 2025, led by Disruptive $750M$6.90B post-money
- Acquisition not a venture round 1 Dec 2025 $20.00B$20.00B post-money
- Growth this round 22 Jun 2026, led by Disruptive and Infinitum $650M
Investors
Who put money in
Disruptive and Infinitum led the round. Disruptive and Infinitum had backed Groq before.
Lead investors
- backs 15 venture-backed companies existing investor
- Infinitum existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations, product development and working capital.
- Geographic expansion
- Scaling operations
- Product development
- Working capital
Comparable rounds
How it compares
18 Growth rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $91M, and this round was 7.1 times the median. The closest in time, other companies' Growth rounds in Electronical Components Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electronical Components Manufacturing | 29 Jun 2026 | $131M | not disclosed | not named |
| Electronical Components Manufacturing | 25 Jun 2026 | $100M | not disclosed | not named |
| Etched Electronical Components Manufacturing | 18 Aug 2026 | $700M | $21.00B | Jane Street |
| Electronical Components Manufacturing | 27 Apr 2026 | $50M | not disclosed | Pitango |
| Rapidus Electronical Components Manufacturing | 2 Mar 2026 | $1.70B | not disclosed | not named |
| Electronical Components Manufacturing | 2 Mar 2026 | $82M | not disclosed | Trident Growth Partners and Amicus Capital Partners |
| Electronical Components Manufacturing | 31 Mar 2026 | $55M | not disclosed | Serendipity Capital |
| Etched Electronical Components Manufacturing | 13 Jan 2026 | $500M | $5.00B | Stripes |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Groq raise in its Growth round?
Groq raised $650M in its Growth round, announced in Jun 2026.
Who led Groq's Growth round?
Disruptive and Infinitum led it.
What was Groq's valuation at the Growth round?
It was not disclosed; its last disclosed one was $6.90B at the Growth (Sep 2025).
How does it compare with other Growth rounds in Electronical Components Manufacturing?
18 Growth rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $91M, and this round was 7.1 times the median.