Groq announced a $350 million Series A fundraise and the round was led by Disruptive, with planned participation from NVIDIA. The fundraise values the company at $3.5 billion. This latest round, together with $650 million raised in June 2026, brings recent funding in the company to $1 billion.

Groq today operates 13 data centers across North America, Europe, the Middle East, and Asia Pacific. The company serves more than six million developers, Fortune 500 enterprises and thousands of AI-native companies. The injection of capital will support those seeking usage of medium and larger sized clusters of NVIDIA accelerated computing for training and inference. Groq expects to scale from 54 megawatts to 200+ megawatts in 2027.