Groq is reported to have raised $350M with planned Nvidia participation

Data Center Dynamics reported on August 18 that Groq raised $350 million at a $3.5 billion valuation, led by Disruptive with planned Nvidia participation; it said Groq operates 13 data centers across regions with about 54 MW of compute and aims for more than 200 MW in 2027. Groq's latest accessible company announcement is a June 22 $650 million round that also targets 200 MW by 2027; no matching issuer disclosure for the reported $350 million or Nvidia participation was found. The figures may describe different rounds and cannot be combined or substituted; 200 MW is a target, not built capacity.