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Brv China-Backed Hpc-Ai Tech Completes $6 Million Seed And Angel Round Financing

PRIVATESep 14, 2022

Amount Raised

$6 Million

Round Type

Seed

San FranciscoSoftwareContent And PublishingArtificial IntelligenceMachine LearningNatural Language Processing

Description

HPC-AI Tech, an artificial intelligence high-performance optimization platform, recently closed $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round. The funds, which were raised within a year, will be mainly used to bring in more talented teams and expand the business market.

Quick answer

HPC-AI Tech raised $6 Million in a Seed round, dated September 14, 2022. HPC-AI Tech is based in San Francisco, California, United States.

How much did HPC-AI Tech raise?
HPC-AI Tech raised $6 Million in a Seed round on September 14, 2022.
What does HPC-AI Tech do?
HPC-AI Tech is a startup focusing on improving the efficiency of enterprise AI model training and deployment.
Where is HPC-AI Tech based and how big is it?
HPC-AI Tech is based in San Francisco, California, United States.
Who are the decision-makers at HPC-AI Tech?
Fundz holds 2 contacts at HPC-AI Tech, including the Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Content And Publishing and Natural Language Processing around the same time

Companies in the same sectors as HPC-AI Tech that raised within 45 days of this round, from Fundz verified event records.

  • Zilliz raised $60M (Series B) on August 24, 2022.
  • Verses Technologies raised $405K (Seed) on August 8, 2022.
  • Cognida.ai raised $4.7M on October 28, 2022.
  • Versa Networks raised $120M (Funding Round) on October 27, 2022.
  • Deepspatial raised an undisclosed amount (Convertible Note) on October 27, 2022.
  • WhizAI raised an undisclosed amount on October 25, 2022.

Who to call at HPC-AI Tech, and when

A new round usually means HPC-AI Tech is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

HPC-AI Tech

Location

San Francisco, California, United States

About

HPC-AI Tech is a startup focusing on improving the efficiency of enterprise AI model training and deployment. Before his startup launched, the founder had broken two world records for AI training speeds. In 2019, the most recent record, he and a team claimed the top BERT training speed, which is a benchmark used by Google and Microsoft, among others, to measure a machine's understanding of human languages. HPC-AI Tech is the company behind Colossal-AI, a cloud-native platform combining the ability to scale the most expensive AI workloads (e.g. GPT-3) with the simplicity of a laptop-like development environment. Colossal-AI is one of the fastest-growing open-source projects in scalable AI with 3,600 GitHub stars and is being used by hundreds of organizations globally, including IBM, Ant Group, Walmart, Oxford, OPPO, and Oracle. Only 8 months after it was founded, HPC-AI Tech currently has 10 key clients, including an automaker giant. The company has set a goal of 1,000 clients in three years with a 50% annual increase after that.

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Related People

2 contacts
Verified contactsYang Y., Founder hidden hidden hiddenSee plans and pricing
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HPC-AI Tech 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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