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Enterprise Infrastructure Series A Founded 2022

GPUNet

Network of decentralized GPU computing power for AI, rendering, and data analytics. It connects disparate GPU resources from data centers and independent providers, offering on-demand access to computational resources. The network facilitates AI training, rendering, scientific computation, and custom applications. It provides a platform for GPU resource scalability and aims to reduce idle time across data centers,…

📍 Abu Dhabi, United Arab Emirates · High Performance Computing,

Funding snapshot

Last roundSeries A
Amount$5M
Date11 April 2024
Total raised$6M
Team size22

About

Network of decentralized GPU computing power for AI, rendering, and data analytics. It connects disparate GPU resources from data centers and independent providers, offering on-demand access to computational resources. The network facilitates AI training, rendering, scientific computation, and custom applications. It provides a platform for GPU resource scalability and aims to reduce idle time across data centers, offering cost-effective solutions. A blockchain is used to track compute contribut Founded in 2022, headquartered in Abu Dhabi, United Arab Emirates. The company has raised $5.8M at the Series A stage backed by investors including Momentum 6, AlphablockZ, Spicy Capital, Exnetwork Capital, Black Dragon Capital. Operating in Enterprise Infrastructure > High Performance Computing, Enterprise Infrastructure > Cloud Infrastructure.

Business model

Cloud Infrastructure > IaaS > Application Specific > High Performance Compute,

High Performance Computing > HPC as a Service > Decentralized > GPU

Institutional investors

Momentum 6 AlphablockZ Spicy Capital Exnetwork Capital Black Dragon Capital Zephyrus Capital Crypto Banter Halvings Capital AZA Ventures Fusion 7 VC Bigger Than Race Elliotrades Alex Becker

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