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Hyperbolic raised $7M in Seed funding led by Polychain Capital and Lightspeed Faction to advance the development of its open-access AI cloud.

PRIVATEAug 08, 2024

Amount Raised

$7 Million

Round Type

Seed

New YorkArtificial IntelligenceBlockchainMachine Learning

Investors

Santiago SantosTekin SalimiCasey CarusoSandeep NailwalIllia PolosukhinBalaji SrinivasanThird Earth CapitalCoin Summer LabsNomad CapitalRepublic DigitalBankless VenturesLong HashChapter OneLightspeed FactionPolychain Capital

Description

Hyperbolic, a New York-based provider of GPU resources and AI services through a cloud platform, raised $7M in seed funding. The company intends to use the funds to hire key engineers and create a supportive ecosystem for developers.

Quick answer

Hyperbolic raised $7 Million in a Seed round, dated August 8, 2024. Investors: Santiago Santos, Tekin Salimi, Casey Caruso, Sandeep Nailwal, Illia Polosukhin, Balaji Srinivasan, Third Earth Capital and Coin Summer Labs. Hyperbolic is based in New York, New York, United States.

How much did Hyperbolic raise?
Hyperbolic raised $7 Million in a Seed round on August 8, 2024.
Who invested in Hyperbolic?
Santiago Santos, Tekin Salimi, Casey Caruso, Sandeep Nailwal, Illia Polosukhin, Balaji Srinivasan, Third Earth Capital and Coin Summer Labs are named as investors in this round.
What does Hyperbolic do?
Hyperbolic is building the leading open-access AI cloud.
Where is Hyperbolic based and how big is it?
Hyperbolic is based in New York, New York, United States. Fundz records about 11 employees.
Who are the decision-makers at Hyperbolic?
Fundz holds 5 contacts at Hyperbolic, including the CEO & Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Artificial Intelligence around the same time

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

  • Synaptogenix raised $3.2M (Seed) on September 10, 2024.
  • GenLayer raised $7.5M (Seed) on August 21, 2024.
  • Sahara AI raised $43M (Series A) on August 14, 2024.
  • Sahara AI raised $43M (Funding Round) on August 14, 2024.
  • Sahara AI raised $28M on July 17, 2024.
  • AICrete raised $5M (Seed) on September 20, 2024.

Who to call at Hyperbolic, and when

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

  • An alert the day Hyperbolic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Hyperbolic, from your own LinkedIn network

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Company Information

Company

Hyperbolic

Location

New York, New York, United States

About

Hyperbolic is building the leading open-access AI cloud. Access inference and compute at a fraction of the cost, and build AI applications without relying on centralized infrastructures. We invite builders, compute providers, researchers, and individuals to join us on this journey.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Hyperbolic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsJasper Z., CEO & Founder hiddenSee plans and pricing
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Hyperbolic 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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