Funding

SambaNova Raises $1 Billion at $11 Billion Valuation in First Close of Series F Round

Sabyasachi Chandra

SambaNova has raised $1 billion at an $11 billion post-money valuation in the first close of its Series F, led by General Atlantic and announced on 8 July 2026.

The valuation is roughly seven times the $1.6 billion at which Intel was reported to be acquiring the company in December 2025, before those talks stalled.

JPMorganChase has been named an inference-infrastructure partner and will run SN40L and SN50 systems on its own premises rather than through a cloud provider.

No revenue has been disclosed, the SN50 has not begun shipping, and the round remains a first close with the second yet to be announced.

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