Penguin Solutions (formerly SMART Global Holdings)
Penguin Solutions is a technology infrastructure company that specializes in designing, building, deploying, and managing AI factories and high-performance computing (HPC) systems. Headquartered in Milpitas, California, the company was formerly known as SMART Global Holdings and rebranded in October 2024. It operates publicly on the Nasdaq under the ticker PENG. The company offers a range of products and solutions across three main business segments: Advanced Computing, Integrated Memory, and Optimized LED. Key offerings include AI infrastructure solutions like OriginAI®, HPC and AI systems,
Investing activity
Penguin Solutions (formerly SMART Global Holdings) is listed on AI Lounge as a venture capital investor based in Fremont, California, United States. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Penguin Solutions (formerly SMART Global Holdings)
Where is Penguin Solutions (formerly SMART Global Holdings) based?
Penguin Solutions (formerly SMART Global Holdings) is based in Fremont, California, United States.
How can founders reach Penguin Solutions (formerly SMART Global Holdings)?
Founders on AI Lounge can see Penguin Solutions (formerly SMART Global Holdings)'s contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Penguin Solutions (formerly SMART Global Holdings) to their Investor Pipeline to track the conversation.