Applied Digital Corp.

DALLAS, TX · Semiconductors · Still private

Purpose-built data centers optimized for accelerated computing and AI workloads

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Updated · applieddigital.com

Sector
Semiconductors
Headquarters
DALLAS, TX
Latest Form D
$160M, Sep 2024
Total capital
$213M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$213M
7 Form D · last Sep 2024
25 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

20092011201320152017201920212023FEDERAL ↑EQUITY ↓Cumulative $213M4th Form D$580K5th Form D$16.5M7th Form D$160M
2009201320172021FEDERAL ↑EQUITY ↓Cumulative $213M5th Form D$16.5M

Latest events

  • Private capital raisedForm D · SEC · 7th filing$160M
  • Private capital raisedForm D · SEC · 6th filing$32.5M
  • Private capital raisedForm D · SEC · 5th filing$16.5M
  • Private capital raisedForm D · SEC · 4th filing$580K
  • Private capital raisedForm D · SEC · 3rd filing$387K
  • Private capital raisedForm D · SEC · 2nd filing$635K
  • Private capital raisedForm D · SEC · 1st filing$2.6M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Founders and team

From SEC Form D filings
  • Chuck HastingsDirectorNamed in SEC Form D filings
  • Douglas MillerDirectorNamed in SEC Form D filings
  • Ella BensonDirectorNamed in SEC Form D filings
  • Kate ReedExecutive Officer, DirectorNamed in SEC Form D filings
  • Rachel LeeDirectorNamed in SEC Form D filings
  • Richard NottenburgDirectorNamed in SEC Form D filings
Show all 7 people
  • Wes CumminsExecutive Officer, DirectorNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

  • SiFive, Inc.Similar federal contract value in Semiconductors · null in contracts
  • Barefoot Networks, Inc.Similar federal contract value in Semiconductors · null in contracts
  • Bridgelux IncSimilar federal contract value in Semiconductors · null in contracts
  • M/A-COM Technology Solutions Holdings, Inc.Similar federal contract value in Semiconductors · null in contracts
  • AMS AGSimilar federal contract value in Semiconductors · null in contracts
  • Phononic Devices, Inc.Similar federal contract value in Semiconductors · null in contracts

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .