GPUnet raises $5.25m in Series A round led by Momentum6, Spicy Capital, Exnetwork, Blackdragon, Zephyrus Capital, Aza Ventures, F7 Foundation, Halvings Capital, and Bigger than Race ventures to expand access to GPU compute for enterprises
Amount Raised
$5.25 Million
Round Type
Series A
DelhiSoftwareBlockchainCryptocurrencyInvestors
Description
GPUnet has successfully raised $5.25 million in a Series A funding round. The majority of GPUs are currently owned by the largest cloud providers, creating a high premium for enterprises to purchase their own. The company plans to use the funding to expand access to GPU compute for enterprises.
Quick answer
GPUnet raised $5.25 Million in a Series A round, dated April 14, 2024. Investors: Bigger Than Race Ventures, Halvings Capital, F7 Foundation, Aza Ventures, Zephyrus Capital, Blackdragon, Exnetwork and Spicy Capital. GPUnet is based in Delhi, Delhi, India.
- How much did GPUnet raise?
- GPUnet raised $5.25 Million in a Series A round on April 14, 2024.
- Who invested in GPUnet?
- Bigger Than Race Ventures, Halvings Capital, F7 Foundation, Aza Ventures, Zephyrus Capital, Blackdragon, Exnetwork and Spicy Capital are named as investors in this round.
- What does GPUnet do?
- GPUnet aims to provide pre-training clusters for enterprises to rent GPU compute.
- Where is GPUnet based and how big is it?
- GPUnet is based in Delhi, Delhi, India.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as GPUnet that raised within 45 days of this round, from Fundz verified event records.
- NodeOps raised $5M (Seed) on May 27, 2024.
- Movement Labs raised $38M (Series A) on April 25, 2024.
- Mayan raised $3M (Seed) on April 11, 2024.
- Stream Trading raised $1.5M (Seed) on April 10, 2024.
- Elixir raised $8M (Series B) on March 12, 2024.
- Utila raised $12M (Seed) on March 5, 2024.
Who to call at GPUnet, and when
A new round usually means GPUnet is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day GPUnet raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GPUnet, from your own LinkedIn network
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Funding Insights
What this usually meansGPUnet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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