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
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Sectors
Technology
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Email
***********
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$767.4 M (USD)
in 8 rounds
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Latest Funding Round
$222 M (USD), Series E
Dec 29, 2020
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Investors
Microsoft
& 29 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware designed to accelerate machine learning workloads in the cloud.
Toolkit for optimizing and running AI models on IPU hardware.
Processors that enhance AI computation for various applications.
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Software Development Team
35 people
Leadership Team
12 people
Product Management Team
8 people
Human Resources and Administration
7 people
Research Team
6 people
Creative and Marketing Team
6 people
Silicon Team
4 people
Finance and Accounting
4 people
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $222.0M
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First Round
First Round
(01 Aug 2016)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series E - Graphcore Systems | Valuation | Ontario Teachers' Pension Plan | |
| Feb, 2020 | Amount | Series D - Graphcore Systems | Valuation | Mayfair , Baillie Gifford | |
| Jan, 2020 | Amount | Series D - Graphcore Systems | Valuation | Merian Global Investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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UK private equity investments are managed by Mayfair firm.
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Founded Year | Domain | Location | |
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Venture capital firm investing in AI & life science sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Graphcore Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Graphcore Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Graphcore Systems Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Graphcore Systems
Frequently Asked Questions about Graphcore Systems
When was Graphcore Systems founded?
Graphcore Systems was founded in 2016.
Where is Graphcore Systems located?
Graphcore Systems is headquartered in United Kingdom.
Who is the current CEO of Graphcore Systems?
Nigel Toon is the current CEO of Graphcore Systems. They have also founded this company.
Is Graphcore Systems a funded company?
Graphcore Systems is a funded company, having raised a total of $767.4M across 8 funding rounds to date. The company's 1st funding round was a Series D of $25M, raised on Aug 01, 2016.
What does Graphcore Systems do?
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.
Who are the top competitors of Graphcore Systems?
Graphcore Systems's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.
What products or services does Graphcore Systems offer?
Graphcore Systems offers IPUs, Poplar® Software, and Bow IPU Processors.
Who are Graphcore Systems's investors?
Graphcore Systems has 30 investors. Key investors include Microsoft, Dell, SoftBank Group, Fidelity International, and Schroders.
What is Graphcore Systems's valuation?
The valuation of Graphcore Systems is $2.8B as of Dec 2020.
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