Bolt Graphics seeks $100 million at a $700 million valuation before Zeus ships
Reuters reported the proposed raise on October 15th, two days after Bolt said its Zeus test chip had powered on; commercial GPUs are planned for 2028.
By Ryan Merket · Published
Primary source: Reuters
Why it matters
Bolt is seeking a $700 million valuation before its commercial GPU is planned to ship in 2028. The test chip is an engineering milestone, while production, software support and paying customer adoption remain execution milestones behind that price.
Bolt Graphics, led by founder and CEO Darwesh Singh, is seeking $100 million at an approximately $700 million valuation, according to Reuters. The report describes a fundraising effort, not a completed round. Reuters said the amount and valuation could change and that it could not identify a lead investor. Bolt's first commercial graphics processor, Zeus, is planned for general availability in 2028.…