SambaNova Raises $1 Billion Series F First Close At $11 Billion Valuation

By Amit Chowdhry • Today at 4:10 PM

SambaNova announced that it has completed the first close of $1 billion in strategic financing as part of a Series F round. The financing values the company at $11 billion post-money.

The round was led by General Atlantic, with significant investment from Seligman Ventures, T. Rowe Price Associates, and Capital Group. New and existing investors include A&E Investment, Assam Ventures, Battery Ventures, funds and accounts managed by BlackRock, Cambium Capital, Intel Capital, Kabila Capital, QFO Capital, Qatar Investment Authority, Vista Equity Partners, and Volantis.

SambaNova is building next-generation AI infrastructure focused on premium inference for enterprises, neo-clouds, AI labs, service providers, and sovereign AI initiatives. The company’s platform includes chips, systems, software, cloud services, and full-stack AI infrastructure.

The funding comes during a period of accelerating momentum for SambaNova. In recent months, the company has expanded its global customer footprint, added leadership to support scale, advanced its collaboration with Intel on heterogeneous inference, and continued positioning its architecture for agentic AI and enterprise deployment.

Earlier this year, SambaNova unveiled its SN50 chip and announced a $350 million-plus raise alongside a strategic collaboration with Intel. The new financing will be used to expand capacity, accelerate product innovation, and scale deployments for enterprises, neo-clouds, sovereign AI customers, and service providers worldwide.

SambaNova also announced that JPMorganChase selected the company as an inference infrastructure partner. JPMorganChase is deploying SambaNova’s SN40 and SN50 systems to power secure, on-prem AI inference.

Founded in 2017 and headquartered in San Jose, California, SambaNova provides AI infrastructure designed to help customers deploy advanced models with strong performance, lower total cost of ownership, and faster time to value.

KEY QUOTES:

“SambaNova’s $11 billion valuation highlights the central role that fast inference now plays in the enterprise AI stack.”

Rodrigo Liang, Co-Founder and CEO of SambaNova

“SambaNova’s11 billion valuation highlights the central role that fast inference now plays in the enterprise AI stack.”

*Rodrigo Liang, Co-Founder and CEO of Samba platform is differentiated, built for a market where inference has become foundational to enterprise and industry transformation. Rodrigo and the team are driving deep technical innovation to achieve growing commercial momentum while demand for inference is accelerating well ahead of supply. We are pleased to lead this round to support SambaNova in shaping the next generation of AI infrastructure.”

Martín Escobari, Co-President and Head of Global Growth Equity at General Atlantic

“We’re excited to partner with Rodrigo and the SambaNova team as they build a category-defining AI infrastructure platform at a moment when enterprise AI is shifting from training to production deployment. As AI moves into production, lowering cost per token while maintaining performance and efficiency will be critical for enterprise adoption. SambaNova’s purpose-built RDU architecture is uniquely positioned to address that challenge at scale.”

Umesh Padval, Managing Partner at Seligman Ventures and Board Observer at SambaNova

“At JPMorganChase, AI infrastructure has to meet a very high bar for performance, control and reliability. We’re excited to deploy SambaNova’s RDU architecture and looking forward to testing its speed and security for on-prem inference in our demanding enterprise AI workloads.”

Darrin Alves, CIO of Infrastructure Platforms at JPMorganChase