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Benchmark raises $225M in special funds to double down on . . . Benchmark first bet on 10-year-old Cerebras when it led the startup’s $27 million Series A in 2016 Since Benchmark delibe rately keeps its funds under $450 million, the firm raised two separate
Cerebras Systems Raises $1 Billion Series H Sunnyvale, Calif — February 3, 2026 — Cerebras Systems today announced the closing of a $1 billion Series H financing at a post-money valuation of approximately $23 billion The round was led by Tiger Global, with participation from Benchmark, Fidelity Management Research Company, Atreides Management, Alpha Wave Global, Altimeter, AMD, Coatue, and 1789 Capital, among others For more
Abu Dhabi-backed AI chipmaker Cerebras raises $1bn | AGBI The late-stage funding was led by US investment firm Tiger Global Other investors included Benchmark, Fidelity Management Research Company, Atreides Management, Alpha Wave Global, Altimeter, AMD, Coatue and 1789 Capital, Cerebras said in a press statement on Tuesday
AMD-backed Cerebras confirms $1B in new funding at $23B . . . Cerebras said the round was led by asset management firm Tiger Global, and included participation from Benchmark, Fidelity Management Research Company, Atreides Management, Alpha Wave Global
Private Markets: Cerebras hits $23B valuation with $1B Series . . . Cerebras Systems – The company announced the closing of a $1B Series H financing at a post-money valuation of approximately $23B The round was led by Tiger Global, with participation from Benchmark, Fidelity Management Research Company, Atreides Management, Alpha Wave Global, Altimeter, AMD, Coatue, and 1789 Capital, among others