MOUNTAIN VIEW, CA, September 17, 2025: DTCP Growth has participated in Groq’s $750 million financing round led by Disruptive. Groq, the pioneer in AI inference, is scaling its global infrastructure to deliver high-speed, low-cost compute for enterprises and developers worldwide. Additional investors include BlackRock, Neuberger Berman, and a large US-based West Coast mutual fund manager, with continued support from Samsung, Cisco, D1, Altimeter, 1789 Capital, and Infinitum.
As AI adoption accelerates and models requires more compute for long-running tasks, inference infrastructure will be even more critical than today.
Groq created the LPU and GroqCloud to deliver fast, affordable compute. The platform powers more than two million developers and many Fortune 500 companies and is scaling across data centers in North America, Europe, and the Middle East.
Groq will use the new capital to expand global capacity, deepen its developer platform, and support customers building across the AI Stack.
“Inference is defining this era of AI, and we are building the American infrastructure that delivers it with high speed and low cost,” said Jonathan Ross, Groq founder and CEO.
“We are proud to support Groq as they scale the infrastructure that makes AI usable in production. Speed and cost matter, and Groq is setting the bar,” said Lance Matthews, Partner at DTCP.
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About Groq
Groq is the inference infrastructure that powers AI with the speed and cost it requires. Founded in 2016, the company created the LPU and GroqCloud to make compute faster and more affordable. Today, Groq is a key part of the AI Stack and is trusted by more than two million developers and many of the world’s leading Fortune 500 companies.
About DTCP
DTCP is an investment management firm with $3 billion in assets under management and over 50 professionals. DTCP has offices in San Francisco, Hamburg, Frankfurt, Berlin, London, Luxembourg, and Tel Aviv.
DTCP Growth invests in leading companies with a focus on cloud-based enterprise software. The team has made over 43 investments in US, Europe, and Israel, with notable investments including Arctic Wolf Networks, Auth0 (acquired by OKTA), Guardicore (acquired by Akamai), Fastly (NYSE: FSLY), Cohere, LeanIX (acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), Signavio (acquired by SAP SE) and Cognigy (acquired by NICE). For a full list of portfolio companies please refer to www.dtcp.capital/growth-equity
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