About GPUNet
GPUNet is a company based in Abu Dhabi (United Arab Emirates) founded in 2022 by Suraj Chawla and Kirubakaran Reddy. GPUNet has raised $5.75 million across 3 funding rounds from investors including Momentum 6, Spicy Capital and Exnetwork Capital. GPUNet offers products and services including On Demand GPUs, Large Cluster Booking, and GAN Chain. GPUNet operates in a competitive market with competitors including Hewlett Packard Enterprise, Rescale, Theta Token, Northern Data and Cornami, among others.
- Headquarter Abu Dhabi, United Arab Emirates
- Founders Suraj Chawla, Kirubakaran Reddy
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Unx Life Private Limited
- Date of Incorporation 02 Jan, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
Not available
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Net Profit
-$254.92 (USD)81.7as on Mar 31, 2022
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EBITDA
-$254.92 (USD)81.7as on Mar 31, 2022
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Total Equity Funding
$5.75 M (USD)
in 3 rounds
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Latest Funding Round
$5.25 M (USD), Series A
Apr 11, 2024
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Investors
Momentum 6
& 12 more
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Employee Count
Not available
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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.
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.
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.
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Technology-focused investment firm dealing with fintech, mediatech, and e-commerce investments.
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Aza Ventures is engaged in cryptocurrency investment and advisory services.
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Investor details for GPUNet
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Investments & Acquisitions by GPUNet
Investment portfolio details for GPUNet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - GPUNet
Detailed financials for GPUNet
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Gpunet Comparisons
Peer comparison for GPUNet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of GPUNet
GPUNet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, Rescale, Theta Token, Northern Data and Cornami, among others.
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HPC solutions are delivered via supercomputers and storage systems.
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Provider of cloud based HPC services
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Decentralized peer-to-peer video delivery is enabled through token rewards.
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Platform offering hpc based cloud computing solutions
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AI-powered microprocessors are supplied for parallel computing tasks.
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Cloud computing solutions for multiplayer gaming are provided.
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Detailed competitors of GPUNet
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Latest news on Gpunet
Complete news archive for GPUNet
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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.
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's top competitors include Rescale, Hewlett Packard Enterprise and Theta Token.
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.