HII Tenstorrent-02, a Series of HII Tenstorrent LLC

Christopher DeLap is the sole named GP, and the absence of any prior EDGAR filings from this manager means HII Tenstorrent is either a first-time fund raiser or has operated below reporting thresholds until now; the Series-02 designation confirms this is at least the second institutional raise, but the clean EDGAR record suggests the manager is either newly formalized for institutional capital or has not previously crossed the $25M+ threshold triggering mandatory disclosure.

A June 2026 filing for a $25M raise in the specialized computing/AI chip design space (Tenstorrent's core focus) aligns with LP allocation cycles and the post-2024 surge in enterprise AI infrastructure funding, though the timing also reflects tightening available capital for single-GP emerging vehicles without multi-fund AUM history.

Verify whether Christopher DeLap has key-man language in the LPA and confirm his operational role at Tenstorrent itself—if he is an employee or advisor rather than founder, the single-GP structure and absence of co-GPs or operating partners creates concentration risk that should be stress-tested against fund governance and decision-making continuity.