About GPUNet
GPUNet is a Technology company based in Abu Dhabi (United Arab Emirates) founded in 2022 by Suraj Chawla and Kirubakaran Reddy. Decentralized GPU resources are networked for AI, rendering, and analytics. GPUNet has raised $5.75 million across 3 funding rounds from investors including Momentum 6, Spicy Capital and Exnetwork Capital. Its Indian entity Unx Life Private Limited reported revenue of ₹4.3 Lakh. GPUNet offers products and services including On Demand GPUs, Large Cluster Booking, and GAN Chain. Its focus areas include Enterprise Infrastructure, High Performance Computing, HPC as a Service and Decentralized.
Company details
GPUNet was established in 2022 in Abu Dhabi, United Arab Emirates, within the decentralized computing sector. A network is operated to connect GPU resources from data centers and independent providers, enabling on-demand access for AI training, rendering, scientific computations, and data analytics. Blockchain technology is utilized to track contributions, promoting scalability and efficiency in resource utilization across global operations.
- Headquarters Abu Dhabi, United Arab Emirates
- Founders Suraj Chawla, Kirubakaran Reddy
- SectorsTechnology
- Email••••••••
- Website gpu.net
- Social LinkedIn X YouTube
- Legal Name Unx Life Private Limited
- Date of Incorporation 02 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹4.3 Lakh
FY 2024
- Indian entity net profit₹1.8 Lakh
FY 2024 · 41% margin
- Indian entity EBITDA₹2 Lakh
FY 2024 · 46% margin
- Total Equity Funding$5.75M (USD)
in 3 rounds
- Latest Funding Round$5.25M (USD), Series A
Apr 2024
- InvestorsMomentum 6
& 12 more
Associated legal entities of GPUNet
GPUNet operates through Unx Life Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Unx Life Private Limited CIN U62013KA2020PTC131248 | Active | 02 Jan 2020 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Products & Services of GPUNet
GPUNet offers a comprehensive portfolio of products and services, including On Demand GPUs, Large Cluster Booking, and GAN Chain.
Platform for booking GPUs for AI training and processing.
Service for reserving GPU clusters for scalable computations.
Blockchain for secure GPU resource transactions and incentives.
Apps and channels of GPUNet
its YouTube channel gpunet has 27.5K subscribers and 21 videos.
Videos from GPUNet
The most watched videos on GPUNet's YouTube channel, gpunet (27.5K subscribers). Click a video to play it here.
More on gpunet.
Funding Insights of GPUNet
GPUNet has successfully raised a total of $5.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.25 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.75M
- Total Rounds 3
- Last Round Series A — $5.25M
- First Round $500,000
(Aug 2023)
- Investors Count 13
All 3 funding rounds of GPUNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $5.25M | Series A | – | – | |
| Apr 2024 | $250,000 | Token Sale | – | – | – |
| Aug 2023 | $500,000 | Seed | – | – |
13 investors in total: 12 institutional and 1 angel.
Investors in GPUNet
GPUNet has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Momentum 6, Spicy Capital and Exnetwork Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology-focused investment firm dealing with fintech, mediatech, and e-commerce investments. | 2013 | blackdragoncap.com | ||
| zephyruscapital.com | ||||
Aza Ventures is engaged in cryptocurrency investment and advisory services. | 2021 | aza.ventures | ||
Fusion7 is engaged in venture capital investments for Web3 startups. | fusion7.vc | |||
Blockchain development services are provided by Momentum 6. | momentum6.com | San Francisco, United States | ||
Empowers blockchain ventures through funding, advisory, and marketing strategies. | 2023 | spicy.capital | Costa Rica | |
Blockchain focused investment firm | exnetworkcapital.com | |||
Live streaming channel for Bitcoin, Ethereum, Altcoins news and market updates daily. | 2018 | cryptobanter.com | Cape Town, South Africa | |
Cryptocurrency investments are managed by Halvings Capital firm. | halvingscapital.com | Barcelona, Spain | ||
A community platform focused on cryptocurrency consulting and education is operated. | biggerthanrace.com |
Investor details for GPUNet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Unx Life Private Limited (GPUNet)
Unx Life Private Limited is the primary company behind GPUNet. The board of Unx Life Private Limited currently have 2 directors; the longest-serving is Suraj Satish Chawla, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suraj Satish Chawla DIN 08657208 | Director | 02 Jan 2020 | 6 yrs 9 mo | Unx Life Private Limited |
| Satgurudas Sadoromal Chawla DIN 08657209 | Director | 02 Jan 2020 | 6 yrs 9 mo | Unx Life Private Limited |
People of GPUNet
2 people are tracked at GPUNet (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Kirubakaran Reddy | Co-Founder | Leadership |
Complete people profiles for GPUNet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of GPUNet
Figures of Unx Life Private Limited, the primary company behind GPUNet, for FY 2024. Revenue was ₹4.3 Lakh. Net profit was ₹1.8 Lakh (41% margin). EBITDA was ₹2 Lakh (46% margin). Revenue has grown at a compounded annual rate of +662% over three years.
- ₹4.3 LakhRevenue · FY 2024
- ₹1.8 LakhNet profit · 41% margin
- ₹2 LakhEBITDA · 46% margin
- ₹10,000Paid-up capital
- +662%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Unx Life Private Limited are on its company page.
Detailed financial statements for GPUNet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of GPUNet
3 dated milestones of GPUNet across 2 years, from founding to its latest funding, stage changes and deals.
- Founded GPUNet is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A, of $5.2M.
Web traffic of GPUNet
The website of GPUNet (gpu.net) receives about 9.8K visits a month.
- Monthly visits9.8K
▼ 24.8% vs previous month
Websites whose visitors overlap most with GPUNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
magicnewton.com | magicnewton.com | 100% | #7,075,567 | – | |
klokapp.ai | klokapp.ai | 96% | #1,294,267 | – | |
toggle.pro | toggle.pro | 96% | #717,183 | – | |
| infinityg.ai | 94% | 11.2K | #2,536,848 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Gpunet
Complete news archive for GPUNet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GPUNet
GPUNet was founded in 2022 and raised its 1st funding round 1 year after it was founded.
GPUNet is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
GPUNet is a funded company, having raised a total of $5.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2023.
The primary company behind GPUNet, Unx Life Private Limited, reported revenue of ₹4.3 Lakh for FY 2024.
GPUNet was established in 2022 in Abu Dhabi, United Arab Emirates, within the decentralized computing sector. A network is operated to connect GPU resources from data centers and independent providers, enabling on-demand access for AI training, rendering, scientific computations, and data analytics. Blockchain technology is utilized to track contributions, promoting scalability and efficiency in resource utilization across global operations.
GPUNet offers On Demand GPUs, Large Cluster Booking, and GAN Chain.
GPUNet has 13 investors. Key investors include Momentum 6, Spicy Capital, Exnetwork Capital, Black Dragon Capital, and Zephyrus Capital.
GPUNet operates through Unx Life Private Limited.
The legal entities of GPUNet currently have 2 directors, including Suraj Satish Chawla, Satgurudas Sadoromal Chawla.