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GPUNet - About the company

GPUNet is a series A company based in Abu Dhabi (United Arab Emirates), founded in 2022 by Suraj Chawla. It operates as a Network of decentralized GPU computing power for AI, rendering, and data analytics. GPUNet has raised $5.75M in funding. The company has 896 active competitors, including 114 funded and 39 that have exited. Its top competitors include companies like CoreWeave, Tuya and Hewlett Packard Enterprise.

Company Details

Network of decentralized GPU computing power for AI, rendering, and data analytics. It connects disparate GPU resources from data centers and independent providers, offering on-demand access to computational resources. The network facilitates AI training, rendering, scientific computation, and custom applications. It provides a platform for GPU resource scalability and aims to reduce idle time across data centers, offering cost-effective solutions. A blockchain is used to track compute contributions.
Social
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Email ID
*****@gpu.net
Registered Address
359/95, 7th Cross, 1st Block Jayanagara, Jayangar III Block, Bangalore, Bangalore South, Karnataka, India, 560011
Key Metrics
Founded Year
2022
Location
Stage
Series A
Total Funding
$5.75M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
23 as on Sep 30, 2026
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GPUNet's funding and investors

GPUNet has raised a total funding of $5.75M over 3 rounds. Its first funding round was on Aug 29, 2023. Its latest funding round was a Series A round on Apr 11, 2024 for $*****. 12 investors participated in its latest round. GPUNet has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of GPUNet:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 11, 2024
4963106
Series A
4396974
6961912
5562499
1338793
Apr 06, 2024
4482521
ICO
1791682
4481019
5437227
7724908
Aug 29, 2023
1582103
Seed
1189257
2616147
1358732
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GPUNet's founders and board of directors

Founder? Claim Profile
The founders of GPUNet is Suraj Chawla.
Here are the details of GPUNet's key team members:

GPUNet's Board of Directors

GPUNet's board has 2 active members. Suraj Chawla is part of team and Satgurudas Sadoromal Chawla is independent board member.
Here is the list of GPUNet's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 9m
Independent board member
-
Current
6y 9m

GPUNet's employee count trend

GPUNet has 23 employees as of Sep 26. Here is GPUNet's employee count trend over the years:
Employee count trend for GPUNet
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GPUNet's Competitors and alternates

Top competitors of GPUNet include CoreWeave, Tuya and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of GPUNet, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CoreWeave
CoreWeave
2017, Livingston (United States), Public
Provider of cloud computing services for artificial intelligence workloads
$2.38B
81/100
2nd
Logo for Tuya
Tuya
2014, Santa Clara (United States), Public
Provider of AI cloud platform services for smart product development
$200M
75/100
3rd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
75/100
4th
Logo for Together AI
Together AI
2022, San Francisco (United States), Series C
Provider of a platform for developing, fine-tuning, and deploying AI models
$1.33B
75/100
5th
Logo for Rescale
Rescale
2011, San Francisco (United States), Series D
Provider of high performance computing platform for engineering and science
$369M
72/100
6th
Logo for FluidStack
FluidStack
2017, New York City (United States), Series B
Provider of high performance computing infrastructure for artificial intelligence workloads
$2.55B
72/100
7th
Logo for Theta Token
Theta Token
2016, Cupertino (United States), Series A
Decentralized video delivery platform
$9.26M
70/100
8th
Logo for Crusoe
Crusoe
2018, Denver (United States), Series F
Operator of cloud platform providing infrastructure for artificial intelligence workloads
$6.67B
69/100
9th
Logo for G42
G42
2018, Abu Dhabi (United Arab Emirates), Series D
Developer of artificial intelligence cloud computing and data center infrastructure
$2.3B
67/100
10th
Logo for Aethir
Aethir
2021, Singapore (Singapore), Seed
Network of distributed cloud infrastructure providing enterprise grade GPU compute
$9M
67/100
101st
Logo for GPUNet
GPUNet
2022, Abu Dhabi (United Arab Emirates), Series A
Network of decentralized GPU computing power for AI, rendering, and data analytics
$5.75M
39/100
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GPUNet's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

GPUNet's Investments and acquisitions

GPUNet has made no investments or acquisitions yet.

Reports related to GPUNet

Here is the latest report on GPUNet's sector:

News related to GPUNet

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