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- Tensordyne
Tensordyne Valuation, Funding & Investors
Tensordyne is valued at $569M as of July 2025.
Last Tensordyne valuation
$569M
Series C · Jul 2025
Last Tensordyne funding round
$35M
Series C · Jul 2025
Cumulative funding Tensordyne raised
$211M
across 5 funding rounds
Key investors in Tensordyne
DNS Capital
Mayfield Fund
Celesta Capital
GreatPoint Ventures
BMW i Ventures
Fluxunit (Osram units)
About Tensordyne
Tensordyne (formerly Recogni) is a systems company that designs high-performance, low-power AI inference systems for data centers. Its multimodal generative AI inference systems combine compute, memory, and interconnect to run large AI models with 16-bit precision at the computational cost of 4-bit, allowing enterprises and data centers to deploy AI models with lower total cost of ownership.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$569M (Jul 2025)
Tensordyne Valuation
Tensordyne is currently valued at $569M, based on its Series C in July 2025. Read the announcement ↗
The $35M round was led by Premji Invest, with participation from DNS Capital, Juniper Networks, Xora Innovation, GPVC, Great Point Partners and 2 other investors.
Tensordyne's valuation has grown 3.0x from $188M at its Series B in February 2021 to $569M in July 2025, across 2 priced rounds.
Tensordyne valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2025 | Series C | $569M |
| Feb 2021 | Series B | $188M |
Tensordyne Funding History
Tensordyne has raised a total of $211M across 5 funding rounds.
Tensordyne's first fundraising round was a $200K pre-seed round in December 2018. The most recent completed round was a $35M Series C in July 2025.
Tensordyne funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2025 | Series C | Premji Invest (lead); DNS Capital; Juniper Networks; Xora Innovation; GPVC; Great Point Partners; Celesta Capital; Mayfield Fund | $35M | $569M | Premji Invest led a Series C1 round of about $35 million in Tensordyne in July 2025, with participation from Xora Innovation, Mayfield Fund, Juniper Networks, Great Point Partners and GPVC. Celesta Capital and DNS Capital are existing investors in the company. Tensordyne was previously known as Recogni and is a Sunnyvale, California-based developer of AI inference infrastructure. It was founded in 2017 and builds custom AI accelerator chips, inference systems, interconnect technology and software tools for hyperscalers, cloud providers and enterprises running large AI workloads. The company's chips use a logarithmic number system intended to cut the power and silicon needed for inference compared with conventional GPU designs, and it has said it taped out its first data center inference chip. Earlier financing included a $48.9 million Series B in February 2021 and a Series C in February 2024 led by GreatPoint Ventures. The company employs about 120 people and reported total funding of roughly $209 million. |
| Feb 2024 | Series C | Celesta Capital (lead); GreatPoint Ventures (lead); DNS Capital; SW Mobility; Juniper Networks; TASARU Mobility Investments; BMW i Ventures; Banyan Ventures; Pledge Ventures; Mayfield Fund; Fluxunit (Osram units) | $102M | - | - |
| Feb 2021 | Series B | Celesta Capital (lead); DNS Capital; GreatPoint Ventures; Toyota Ventures; Bosch Ventures; Continental; BMW i Ventures; Mayfield Fund; Fluxunit (Osram units) | $49M | $188M | Tensordyne AI (formerly Recogni) is a system solutions company specializing in high-performance, low-power AI inference systems. The company designs innovative multimodal generative AI inference systems for data centers, combining compute, memory, and interconnect to run large AI models with 16-bit precision at the cost of 4-bit, enabling data centers and enterprises to deploy AI at the lowest total cost of ownership. In February 2021, Tensordyne closed a Series B funding round of $48.9 million at a post-money valuation of $187.99 million, with investors including BMW i Ventures, Celesta Capital, Continental, DNS Capital, Fluxunit (Osram Ventures), GreatPoint Ventures, Mayfield Fund, Robert Bosch Venture Capital, Toyota AI Ventures, and WRVI Capital. The company later raised an additional $102 million in Series C funding co-led by Celesta Capital and GreatPoint Ventures, along with participation from Pledge Ventures and Tasaru Mobility Investments, bringing total funding to $209 million as of the search date. |
| Jul 2019 | Series A | GreatPoint Ventures (lead); DNS Capital; Toyota Ventures; FORVIA; BMW i Ventures; Fluxunit (Osram units) | $25M | - | - |
| Dec 2018 | Pre-seed | Plug and Play | $200K | - | - |
Who has invested in Tensordyne?
20 investors have backed Tensordyne across its funding rounds, including DNS Capital, Mayfield Fund, Celesta Capital, GreatPoint Ventures, BMW i Ventures and Fluxunit (Osram units).
Lead investors include Premji Invest, Celesta Capital and GreatPoint Ventures.
Tensordyne Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Jul 2019 | ||
| 3 | Lead | Jul 2019 | ||
| 3 | Participant | Jul 2019 | ||
| 3 | Lead | Feb 2021 | ||
| 3 | Participant | Feb 2021 | ||
| 3 | Participant | Jul 2019 | ||
| 2 | Participant | Jul 2019 | ||
| 2 | Participant | Feb 2024 | ||
| 1 | Participant | Dec 2018 | ||
| 1 | Participant | Jul 2019 | ||
| 1 | Participant | Feb 2024 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Lead | Jul 2025 | ||
This data is available for Pro users. Sign up to see all 20 Tensordyne investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialTensordyne Competitors
Tensordyne competitors include listed companies like Northern Data, Exascale Labs and D-Wave Quantum, and private ones like Inspur Cloud, NextSilicon and Xsight Labs.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $89M | ($35M) | $648M | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $15M | ($12M) | $183M | - | ||
| Private | - | - | $2.8B | - | ||
| Publicly listed | $25M | ($373M) | $4B | 89.6x |
Tensordyne Public Comps
Tensordyne is still privately-owned, but its public comps include Boost Run, 2CRSI, Edarat Group, HIVE Digital Technologies, Kinx, Northern Data, Bahnhof, Infomaniak, Whitefiber and Phoenix Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $27M | ($4M) | 29.9x | 5.3x | (215.7x) | 10.7x | |||
| $247M | $8M | 2.3x | 0.8x | 74.0x | 9.8x | |||
| $51M | $12M | 10.0x | - | 42.3x | - | |||
| $298M | $27M | 2.3x | 2.0x | 24.9x | 7.9x | |||
| $119M | $38M | 5.7x | 6.0x | 17.9x | 20.3x | |||
| $89M | ($35M) | 15.8x | - | (41.1x) | - | |||
| $225M | $36M | 2.7x | - | 17.3x | - | |||
| - | - | - | - | - | - | |||
This data is available for Pro users. Sign up to see all Tensordyne competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tensordyne
| When was Tensordyne founded? | Tensordyne was founded in 2017. |
| Where is Tensordyne headquartered? | Tensordyne is headquartered in San Francisco, CA, United States. |
| Is Tensordyne publicly listed? | No, Tensordyne is a private, VC-backed company. |
| What is Tensordyne's valuation? | Tensordyne was last valued at $569M in its Series C in July 2025. |
| How much funding has Tensordyne raised? | Tensordyne has raised $211M across 5 funding rounds. |
| What was Tensordyne's last funding round? | Tensordyne's last funding round was a $35M Series C in July 2025, led by Premji Invest. |
| Who are Tensordyne's investors? | Tensordyne's investors include DNS Capital, GreatPoint Ventures, BMW i Ventures, Celesta Capital, Mayfield Fund, Fluxunit (Osram units), Toyota Ventures, Juniper Networks, Plug and Play, FORVIA and 10 others. |
| Which companies are comparable to Tensordyne? | Companies comparable to Tensordyne include Northern Data, Inspur Cloud, NextSilicon, Exascale Labs, Xsight Labs and D-Wave Quantum. |
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