Ross: Groq's latest fundraise was 4x oversubscribed on double target
Jonathan Ross · Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN · 20VC with Harry Stebbings · Sep 29, 2025 · at 1:20:15
Jonathan Ross is the Founder and CEO of Groq, an AI inference chip startup valued at nearly $7 billion.
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“I mean, with this fundraise, we ended up raising you know, more than twice what we were, you know, expecting to raise, and then we were forex oversubscribed over over what we did raise, and so we could have raised a lot more money, it would have been more dilutive and I'm trying to be dilution sensitive for investors and everyone else,”
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