Fundz

San Francisco Compute Co. raised $12 million in an early funding round led by Alt Capital to launch a trading platform for computing power.

PRIVATEJul 17, 2024

Amount Raised

$12 Million

Round Type

Seed

San FranciscoInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Alt Capital

Description

San Francisco Compute Co. has raised $12 million in an early funding round to launch a trading platform for computing power. The company aims to help companies working with artificial intelligence (AI) meet the challenge of getting access to the semiconductors they need. With the funding, the company plans to double its staff to 30 people and build out the trading platform.

Quick answer

San Francisco Compute raised $12 Million in a Seed round, dated July 17, 2024. Investors: Alt Capital. San Francisco Compute is based in San Francisco, California, United States.

How much did San Francisco Compute raise?
San Francisco Compute raised $12 Million in a Seed round on July 17, 2024.
Who invested in San Francisco Compute?
Alt Capital is named as investors in this round.
What does San Francisco Compute do?
San Francisco Compute Company is building the first real-time compute exchange.
Where is San Francisco Compute based and how big is it?
San Francisco Compute is based in San Francisco, California, United States.
Who are the decision-makers at San Francisco Compute?
Fundz holds 1 contact at San Francisco Compute. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Team-GPT raised $3.7M on August 29, 2024.
  • Codeium raised $150M (Funding Round) on August 29, 2024.
  • Moveo.AI raised $2.6M (Seed) on August 27, 2024.
  • Katara raised $2.2M (Seed) on August 27, 2024.
  • just words raised $1.7M (Seed) on August 27, 2024.
  • Nectar AI raised $3.9M (Seed) on August 26, 2024.

Who to call at San Francisco Compute, and when

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Company Information

Company

San Francisco Compute

Location

San Francisco, California, United States

About

San Francisco Compute Company is building the first real-time compute exchange. We think that over the next decade, thousands of startups and labs are going to be training and serving large models. They need compute to do this, and we’re building an exchange on which that compute can be traded. If we’re successful, it will be possible to scale to tens of thousands of accelerators for hours at a time without having to build your own infrastructure. This will greatly increase the number of organizations that can afford to train large models, which will make the most important technology of our lifetime accessible to more people.

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San Francisco Compute 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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