TensorWave - About the company
TensorWave is a series A company based in Las Vegas (United States), founded in 2023 by Jeff Tatarchuk and Piotr Tomasik. It operates as a Cloud computing platform offering infrastructure for artificial intelligence workloads. TensorWave has raised $143M in funding from investors like Nexus Venture Partners, AMD and Magnetar. The company has 14 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Cerebras, Pliops and Moore Thread.
Company Details
Cloud computing platform offering infrastructure for artificial intelligence workloads. It offers AMD MI300X accelerators and infrastructure for AI development and deployment. It provide computing resources for businesses and organizations to develop and deploy AI-powered applications.
- Website
- tensorwave.com
- Email ID
- *****@tensorwave.com
Key Metrics
Founded Year
2023
Location
Las Vegas, United States
Stage
Series A
Total Funding
$143M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 14 active competitors
Employee Count
117 as on Mar 31, 2026
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TensorWave's funding and investors
TensorWave has raised a total funding of $143M over 2 rounds. Its first funding round was on Oct 08, 2024. Its latest funding round was a Series A round on Apr 08, 2025 for $*****. 6 investors participated in its latest round. TensorWave has 10 institutional investors.
Here is the list of recent funding rounds of TensorWave:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2025 | 5973475 | Series A | 2784964 | 7332393 | 2849529 | 7228229 |
Oct 08, 2024 | 3199087 | Series A | 2008733 | 9383866 |
View details of TensorWave's funding rounds and investors
TensorWave's founders and board of directors
Founder? Claim ProfileThe founders of TensorWave are Jeff Tatarchuk and Piotr Tomasik.
Here are the details of TensorWave's key team members:
- Jeff Tatarchuk: Co-Founder & Chief Growth Officer of TensorWave.
- Piotr Tomasik: Co-Founder & COO of TensorWave.
View details of TensorWave's Founder profiles and Board Members
TensorWave's employee count trend
TensorWave has 117 employees as of Mar 26. Here is TensorWave's employee count trend over the years:
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TensorWave's Competitors and alternates
Top competitors of TensorWave include Cerebras, Pliops and Moore Thread. Here is the list of Top 10 competitors of TensorWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cerebras 2015, Sunnyvale (United States), Series H | Platform offering computing and artificial intelligence solutions | $2.55B | 70/100 | |
2nd | Platform offering HPC storage accelerator for enterprises | $205M | 63/100 | ||
3rd | Moore Thread 2020, Beijing (China), Public | Developer of GPU chips, cards, software, and intelligent computing solutions | $528M | 62/100 | |
4th | TensorWave 2023, Las Vegas (United States), Series A | Cloud computing platform offering infrastructure for artificial intelligence workloads | $143M | 58/100 | |
5th | Axellio 2017, Colorado Springs (United States), Acquired | Platform for real-time analytics | - | 46/100 | |
6th | Intensivate 2016, Palo Alto (United States), Series A | Platform offering digital ICs for analytics and data center applications | $14.7M | 43/100 | |
7th | FPGA based high-performance image processing accelerator | - | 32/100 | ||
8th | Grovf 2017, Berkeley (United States), Seed | Provider of data center solutions | - | 32/100 | |
9th | Manjeera Digital Systems 2011, Hyderabad (India), Seed | Middle Stratum Operations (MSO) based architecture for hardware acceleration | $1.31M | 28/100 | |
10th | BittWare 1989, Concord (United States), Acquired | High-end signal processing and network processing solutions | - | 24/100 |
Looking for more details on TensorWave's competitors? Click here to see the top ones
TensorWave's Investments and acquisitions
TensorWave has made no investments or acquisitions yet.
Reports related to TensorWave
Here is the latest report on TensorWave's sector:
News related to TensorWave
Media has covered TensorWave for a total of 10 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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TensorWave Partners with Credo to Power Next-Generation AMD-Based AI ClustersBusiness Wire•Feb 25, 2026•TensorWave, Credo
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TensorWave Achieves ISO/IEC 27001 Certification, Strengthening Commitment to Enterprise-Grade SecurityAccess Newswire•Oct 06, 2025•TensorWave
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Aramco-backed Prosperity7 joins TensorWave’s $100M funding roundIncubees•May 21, 2025•Prosperity7 Ventures, TensorWave, AMD, Maverick Silicon and 2 others
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TensorWave Secures $100M to Build 8000+ AMD GPU AI Training ClusterCui Niuhui•May 15, 2025•TensorWave, Magnetar, AMD, Nexus Venture Partners and 1 other
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TensorWave Secures $100M Series A Funding for AI InfrastructureGrit Daily News•May 14, 2025•TensorWave, Magnetar, AMD, Maverick Silicon and 2 others
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TensorWave Secures $100 Million Series A Funding Co-Led by Magnetar and AMD VenturesTMC•May 14, 2025•TensorWave, Magnetar, AMD, Maverick Silicon and 2 others
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TECfusions Secures Landmark 1 GW Capacity Commitment from TensorWave for AI-Ready InfrastructureMiningstockeducation•Oct 31, 2024•TECfusions, TensorWave
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