How much did Wafer raise?

Wafer raised $40M at Series A, announced 3 September 2026.

Pranav Sharma is Co-Founder of Wafer.

FundedStartupsDaily / AI & Machine Learning / Wafer

Wafer raises $40M

Q: What does Wafer do?

Wafer operates in AI & Machine Learning and is based in United States.

Wafer announced a Series A round of $40M on 3 September 2026. The company operates in AI & Machine Learning and is based in United States. It was founded by Pranav Sharma, Co-Founder. Announced 33 days ago.

Raised

$40M

Stage

Series A

Industry

AI & Machine Learning

Country

United States

Founder

Pranav Sharma

Co-Founder, Wafer

wafer.ai

Outreach angles

-Co-founders Zonathan Zhang and Pranav Sharma built Wafer's inference engines to run generative AI workloads on non-Nvidia chips.
-The pair developed benchmarking tools that let enterprises test their workloads against Wafer's proprietary silicon before switching.
-Wafer just raised a $40M Series A backed by Y Combinator and AMD Ventures to scale its AI inference optimization platform.