Graphcore secures £19.2 million Series D investment led by Merian Chrysalis Investment Company

Digiqole Ad

Graphcore has secured £19.2 million in a Series D funding round from Merian Chrysalis Investment Co.

The artificial intelligence processor firm based in Bristol has now raised more than $300m capital.

“We believe the machine intelligence market will show substantial growth in the coming years and that Graphcore is well positioned to generate material revenues,” said Merian Chrysalis co-fund manager Nick Williamson.

“The business has had meaningful, global engagement with its technology and we look forward to working with the Graphcore team to deliver on this opportunity.”


Digiqole Ad

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.

Related post