On February 24, 2026, SambaNova, a leader in next‑generation AI infrastructure, announced that it has raised more than $350 million in investment from new and existing investors. The oversubscribed Series E round was led by Vista Equity Partners and Cambium Capital, with strong participation from Intel Capital. Wilson Sonsini Goodrich & Rosati advised SambaNova on the transaction.

New investors joining the round included Assam Ventures, Battery Ventures, Gulf Development, Mayfield Capital, Saudi First Data, Seligman Ventures, and accounts advised by T. Rowe Price Associates, Inc., while participating existing investors included A&E, 8Square, Atlantic Bridge, BlackRock, GV, Nepenthe, Nuri Capital, and Redline Capital.

The proceeds from the Series E will be used to expand production of SambaNova’s newly announced SN50 AI chip—positioned as the most efficient chip for agentic AI—scale its SambaCloud platform, and deepen enterprise software integrations.

The Wilson Sonsini team that advised SambaNova on the transaction includes:

Corporate          
Mark Baudler
Melissa Rick
TJ Tingjie Li
Josh Sedgwick
Jenna Tobin
Hoy Shih
Nathaniel Siegel
Hayden Smith
Carlos Arango

Delaware Corporate
Amy Simmerman
Angie Flaherty
Jason Schoenberg

Technology Transactions
John McGaraghan

Tax
Myra A. Sutanto Shen
Joy Cheng

National Security and Trade
Joshua Gruenspecht
Jahna Hartwig
Seth Cowell
Nimit Dhir 

Antitrust and Competition
Ben Labow
Kimberley Biagioli

For more information, please see SambaNova’s news release. Additional coverage is available on Reuters.