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Funding round

SambaNova Series D

SambaNova, which works in AI infrastructure hardware manufacturing in San Jose, raised $676M in a Series D round announced on 13 Apr 2021, led by SoftBank Vision Fund, at a $5.00B post-money valuation. 8 firms took part. It is SambaNova's fourth venture round on record; the one before was a Series C in Feb 2020.

$676M

Amount raised

$5.00B

Post-money valuation

$4.32B pre-money

8

Investors

1 lead

14%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced SambaNova at $5.00B after the new money. The $676M bought investors about 14% of the company. It came 14 months after SambaNova's Series C. It is 27% of the $2.48B SambaNova has raised in the venture rounds on record. SambaNova raised again 58 months later: a Series E round of $350M in Feb 2026, at $2.24B post-money.

SambaNova's funding rounds

SambaNova has 6 venture rounds on record. This one is highlighted.

  1. Series A 15 Mar 2018, led by GV and Walden International $56M
  2. Series B 1 Apr 2019, led by Intel Capital $150M
  3. Series C 25 Feb 2020, led by BlackRock $250M
  4. Series D this round 13 Apr 2021, led by SoftBank Vision Fund $676M$5.00B post-money
  5. Series E 24 Feb 2026, led by Vista Equity Partners and Cambium Capital $350M$2.24B post-money
  6. Series F 8 Jul 2026, led by General Atlantic $1.00B$11.00B post-money

Investors

Who put money in

SoftBank Vision Fund led the round with 7 other firms.

Lead investor

Also in the round

  • Temasek backs 195 venture-backed companies new investor
  • GIC backs 98 venture-backed companies new investor
  • BlackRock new investor
  • Intel Capital backs 239 venture-backed companies new investor
  • GV backs 428 venture-backed companies new investor
  • Walden International new investor
  • backs 49 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

226 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 6.8 times the median. The closest in time, other companies' Series D rounds in Tech Companies:

Series D rounds in Tech Companies, Apr 2020 to Apr 2022: 226 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Fetch Tech Companies1 Apr 2021$210M$1.00BSoftBank Vision Fund
Tech Companies1 Apr 2021$135Mnot disclosednot named
Tech Companies30 Apr 2021$105M$1.00BCoatue
Tech Companies22 Apr 2021$100Mnot disclosedBlackRock
Tech Companies6 Apr 2021$100M$1.40BB Capital
Tech Companies1 Apr 2021$75Mnot disclosedPitango
Tech Companies27 Apr 2021$50Mnot disclosedApax Partners
Tech Companies14 Apr 2021$40Mnot disclosedCross Creek

Sources

Where this comes from

Reported by 5 sources.

Questions

Frequently asked

How much did SambaNova raise in its Series D round?

SambaNova raised $676M in its Series D round, announced in Apr 2021.

Who led SambaNova's Series D round?

SoftBank Vision Fund led it, with Temasek, GIC, BlackRock, Intel Capital and GV and 2 more.

What was SambaNova's valuation at the Series D round?

$5.00B post-money ($4.32B pre-money).

How does it compare with other Series D rounds in Tech Companies?

226 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 6.8 times the median.

Did SambaNova raise again after this round?

Yes: a Series E round in Feb 2026 of $350M at $2.24B post-money.