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      Hyperbolic's Logo

      Hyperbolic - Seed

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      July 30, 2024

      Financing amount

      $7M

      Valuation

      --

      Subcategory

      AI Cloud

      About Hyperbolic - Seed

      Hyperbolic has raised $7 million in Seed funding round co-led by Polychain Capital and Lightspeed Faction, with participation from Chapter One, LongHash, Bankless Ventures, Republic Digital, Nomad Capital, CoinSummer Labs, and Third Earth Capital. The newly acquired funds will be directed towards the development of Hyperbolic's open AI cloud platform. This includes hiring key engineers and creating a supportive ecosystem for developers.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America2016151info@polychain.capital
      FundUnknown--8--
      FundUnited States of America--22--
      FundSingapore201878operations@longhash.vc
      FundUnknown202225--
      CorporateUnited States of America201651--
      CorporateUnknown202222IR@nomadcapital.io
      LabChina--7--
      FundUnknown--2--

      Company Profile / Project Introduction

      Hyperbolic is building an AI cloud to enable open access to AI. It is achieving this goal by solving three major problems:

      1. System: Building a scalable system to aggregate global GPU compute and developing AI services to maximize the performance of any kind of GPUs
      2. Verification: Making sure the outputs coming from the network are run on the correct AI model
      3. Privacy: Protecting users' data privacy even when the requests are handled by a random third-party node
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      *Fundraising Announcement: Click here