Hyundai Motor and Samsung Catalyst Fund led a $100m funding in Tenstorrent.

Hyundai Motor, an automotive company that also affiliates in other industries such as construction, steel, and finance, and Samsung Catalyst Fund, a multi-stage venture capital fund, led a $100m funding in Tenstorrent, a computing company that builds computers for AI, with participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital and Maverick Capital. "The trust in Tenstorrent shown by Hyundai Motor Group and Samsung Catalyst Fund leading our round is truly humbling. It has been impressive watching Hyundai Motor Group become the third largest automaker in the world through their aggressive adoption of technology including their acquisition of Boston Dynamics, their joint venture with Aptiv, and now their investment in us," Jim Keller, Tenstorrent CEO.