Aethir completed a $150 million valuation Pre-A round of financing to build a large-scale global decentralized GPU cloud infrastructure

2023-07-27 07:11:01

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ChainCatcher news, decentralized GPU infrastructure Aethir today announced the completion of its Pre-A round financing, raising $9 million at a valuation of $150 million. The funds will be used to boost Aethir's global business expansion in Southeast Asia, Latin America, and North America, as well as to strengthen technology research and development and application innovation support.

It is reported that this round of financing follows a seed round led by Framework Ventures and Infinity Ventures Crypto, with this round led by investors such as Sanctor Capital, Hashkey, Merit Circle, and CitizenX, and supported by institutions including Mirana Ventures, Animoca Brands, Momentum6, Big Brain Holdings, Builder Capital, Lapin Digital, Tess Ventures, and Maelstrom (Arthur Hayes).

Aethir was founded in 2021 and is headquartered in Singapore. It is a decentralized network infrastructure project (Depin) aimed at building a globally distributed and scalable GPU cloud infrastructure in a decentralized manner.

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