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.
- Website
- www.gpu.net/astra/grouter
- 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
Abu Dhabi, United Arab Emirates
Stage
Series A
Total Funding
$5.75M in 3 rounds
Latest Funding Round
Investors
Ranked
101st among 896 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
23 as on Sep 30, 2026
Legal entities associated with GPUNet
GPUNet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Unx Life Private Limited CIN: U62013KA2020PTC131248 , India, Active | Jan 02, 2020 | 0 - ₹10 Cr (As on Mar 31, 2024) | - |
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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 |
View details of GPUNet's funding rounds and investors
GPUNet's founders and board of directors
Founder? Claim ProfileThe founders of GPUNet is Suraj Chawla.
Here are the details of GPUNet's key team members:
- Suraj Chawla: Co-Founder of GPUNet. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of GPUNet's Founder profiles and Board Members
GPUNet's employee count trend
GPUNet has 23 employees as of Sep 26. Here is GPUNet's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 81/100 | |
2nd | Tuya 2014, Santa Clara (United States), Public | Provider of AI cloud platform services for smart product development | $200M | 75/100 | |
3rd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 75/100 | |
4th | 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 | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 72/100 | |
6th | FluidStack 2017, New York City (United States), Series B | Provider of high performance computing infrastructure for artificial intelligence workloads | $2.55B | 72/100 | |
7th | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
8th | Crusoe 2018, Denver (United States), Series F | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $6.67B | 69/100 | |
9th | G42 2018, Abu Dhabi (United Arab Emirates), Series D | Developer of artificial intelligence cloud computing and data center infrastructure | $2.3B | 67/100 | |
10th | Network of distributed cloud infrastructure providing enterprise grade GPU compute | $9M | 67/100 | ||
101st | 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 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
•
GPUNET Completes $4M Buyback from Early Investors, Reinforcing Long-Term GrowthGlobeNewswire•Jun 06, 2025•GPUNet
•
GPUnet Raises $5.25 Million in Series-A roundACCESSWIRE•Apr 11, 2024•GPUNet, Momentum 6, Spice Capital, Exnetwork Capital and 5 others
•
Decentralized GPU infrastructure startup GPU.net completed US$5.25 million in Series A financing, with participation from Momentum 6 and othersChainCatcher•Apr 10, 2024•GPUNet, Momentum 6, Spicy Capital, Exnetwork Capital and 9 others
•
GPU.Net Raises 500K from Momentum 6 & Alphablockz. Nvidia Backs Testnet LaunchGlobeNewswire•Aug 30, 2023•GPUNet, Momentum 6, AlphablockZ
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