Graphcore Systems

United Kingdom Founded: 2016 • Age: 10 yrs Acquired By SoftBank Group
Processors and IPUs for AI enterprise workloads are provided.
Annual revenue - Latest available
Total funding $767.4M 8 rounds
Employees - Tracked headcount
Investors 30 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Graphcore Systems

Graphcore Systems is a company based in United Kingdom founded in 2016 by Simon Knowles, Hermann Hauser, and Nigel Toon was acquired by SoftBank Group in July 2024. Graphcore Systems has raised $767.4 million across 8 funding rounds from investors including Microsoft, Dell and SoftBank Group. Graphcore Systems offers products and services including IPUs, Poplar® Software, and Bow IPU Processors. Graphcore Systems operates in a competitive market with competitors including Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.

  • Headquarter United Kingdom
  • Founders Simon Knowles, Hermann Hauser, Nigel Toon
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Graphcore Limited
  • Date of Incorporation 17 May, 2016
  • Jurisdiction LONDON
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $767.4 M (USD)

    in 8 rounds

  • Latest Funding Round
    $222 M (USD), Series E

    Dec 29, 2020

  • Investors
    Microsoft

    & 29 more

  • Employee Count
    Not available
  • Acquired by
    SoftBank Group

    (Jul 12, 2024)

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Products & Services of Graphcore Systems

Graphcore Systems offers a comprehensive portfolio of products and services, including IPUs, Poplar® Software, and Bow IPU Processors.

Product name locked
Category locked
Primary

Hardware designed to accelerate machine learning workloads in the cloud.

Product name locked
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Toolkit for optimizing and running AI models on IPU hardware.

Product name locked
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Processors that enhance AI computation for various applications.

People of Graphcore Systems

Headcount 200-500
Employee Profiles 121
Employee Profiles
People
Adrian Williams
Hardware Engineer
People
Sonia Cohen
People Advisor
People
Amarjeet Kumar
Sourcing Specialist
People
Daniel Hewitt
Mlops And Infrastructure Engineer

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Funding Insights of Graphcore Systems

Graphcore Systems has successfully raised a total of $767.4M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $222 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Graphcore Systems

Graphcore Systems has secured backing from 30 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Microsoft, Dell and SoftBank Group.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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UK private equity investments are managed by Mayfair firm.
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Venture capital firm investing in AI & life science sectors
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Investor details for Graphcore Systems

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Investments & Acquisitions by Graphcore Systems

Investments
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Investment portfolio details for Graphcore Systems

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Financial Statements - Graphcore Systems

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Detailed financials for Graphcore Systems

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Graphcore Systems Comparisons

Graphcore Systems Primary company
Description
Processors and IPUs for AI enterprise workloads are provided...
Location
United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Graphcore Systems

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Competitors of Graphcore Systems

Graphcore Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.

Company Name Domain Founded year HQ Location Description
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AI-based silicon IP and chip solutions are developed and licensed.
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Semiconductor solutions are provided for cellular and connectivity markets.
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Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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3D-stacked photonic chips for AI computing are developed.
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AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI and cloud-based vision processing units for video analytics applications
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Detailed competitors of Graphcore Systems

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Latest news on Graphcore Systems

Graphcore adds 75 jobs
Electronicsweekly1 year ago
SoftBank buys UK-based AI chipmaker Graphcore
Seekingalpha2 years ago
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Complete news archive for Graphcore Systems

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Frequently Asked Questions about Graphcore Systems

Graphcore Systems was founded in 2016.

Graphcore Systems is headquartered in United Kingdom.

Nigel Toon is the current CEO of Graphcore Systems. They have also founded this company.

Graphcore Systems is a funded company, having raised a total of $767.4M across 8 funding rounds to date.

Graphcore Systems was founded in 2016 in the United Kingdom. Processors and Intelligence Processing Units (IPUs) are supplied for AI infrastructure and workloads. A second-generation core building block solution with integrated networking for supercomputing is offered, alongside building blocks and reference designs for AI systems. Services target sectors such as finance, biotechnology, scientific research, and consumer communications, supporting enterprise-level operations across these fields.

Graphcore Systems's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.

Graphcore Systems offers IPUs, Poplar® Software, and Bow IPU Processors.

Graphcore Systems has 30 investors. Key investors include Microsoft, Dell, SoftBank Group, Fidelity International, and Schroders.

The valuation of Graphcore Systems is $2.8B as of Dec 2020.

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