Fireworks AI Raises $2 billion Series D
Fireworks AI raises $1.5 billion Series D at $17.5 billion valuation. RELATED CONTENT Dallas Fed president is calling for higher interest rates to finish the inflation fight xAI sued a Grok user for allegedly generating deepfakes of child sexual abuse The fundraise coincides with Fireworks crossing the $1 billion threshold in annualized revenue, a figure that has grown fivefold compared with the previous year.
What it does
Fireworks AI raises $1.5 billion Series D at $17.5 billion valuation. RELATED CONTENT Dallas Fed president is calling for higher interest rates to finish the inflation fight xAI sued a Grok user for allegedly generating deepfakes of child sexual abuse The fundraise coincides with Fireworks crossing the $1 billion threshold in annualized revenue, a figure that has grown fivefold compared with the previous year.
Traction
companies looking participated in the latest tracked round; deeper traction analysis is held until source support is strong enough.
Trend impact
MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.
Funding history
- July 16, 2026 · Series D · $2 billion · companies looking
- July 16, 2026 · Funding Round · an undisclosed amount · undisclosed investors
- Recent · Series C · $250 million · Various Institutional, alongside Various
- Recent · Series B · $52 million · Various