Key Takeaways
- • Applied Compute raised $350 million in new funding at a $3.25 billion valuation, according to Massinvestor.
- • The round was led by Elad Gil, with participation from Kleiner Perkins, Lux Capital, Hanabi Capital, NVIDIA, and Blackstone.
- • Additional participants include Shopify Ventures, HubSpot Ventures, Diffusion, Definition, Timeless, Layer Global, Neo, Abstract, Nova, Quantum Light, First Harmonic, and Swish.
- • The financing is a venture-stage round for a San Francisco-based company, with corporate venture arms from NVIDIA, Shopify, and HubSpot among the backers.
Summary
Applied Compute, based in San Francisco, has raised $350 million in new funding at a $3.25 billion valuation, according to Massinvestor. The round was led by Elad Gil, the angel investor and company builder.
The syndicate includes a broad mix of institutional venture firms and strategic investors. Kleiner Perkins and Lux Capital participated alongside Hanabi Capital. Strategic backers include NVIDIA and Blackstone, while Shopify Ventures and HubSpot Ventures represent software-company corporate venture arms. Other participants listed in the report are Diffusion, Definition, Timeless, Layer Global, Neo, Abstract, Nova, Quantum Light, First Harmonic, and Swish.
The primary source does not disclose the company's product details, revenue, use of proceeds, or the timing of the round beyond the publication date of November 9, 2026. Readers should treat the valuation as the headline figure reported by Massinvestor rather than an independently verified number.
The syndicate includes a broad mix of institutional venture firms and strategic investors. Kleiner Perkins and Lux Capital participated alongside Hanabi Capital. Strategic backers include NVIDIA and Blackstone, while Shopify Ventures and HubSpot Ventures represent software-company corporate venture arms. Other participants listed in the report are Diffusion, Definition, Timeless, Layer Global, Neo, Abstract, Nova, Quantum Light, First Harmonic, and Swish.
The primary source does not disclose the company's product details, revenue, use of proceeds, or the timing of the round beyond the publication date of November 9, 2026. Readers should treat the valuation as the headline figure reported by Massinvestor rather than an independently verified number.
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