SambaNova Completes First Close of $1 Billion Financing at $11 Billion Valuation

General Atlantic leads the round with significant investment from Seligman Ventures, T. Rowe Price Associates, Inc., and Capital Group.

JPMorganChase latest to select SambaNova RDUs for fast, on‑prem AI inference.

“SambaNova’s $11 billion valuation highlights the central role that fast inference now plays in the enterprise AI stack,” said Rodrigo Liang, co-founder and CEO of SambaNova.

RAISE — SambaNova today announced it has completed the first close of $1 billion in strategic financing as part of a Series F round, valuing the company at $11 billion post money. This latest financing round was led by General Atlantic, a leading global investor, with significant investment from Seligman Ventures, T. Rowe Price Associates, Inc., 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 (QIA), Vista Equity Partners and Volantis.