When was SqueezeBits founded?

SqueezeBits was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is SqueezeBits located?

SqueezeBits is headquartered in Seoul, South Korea.

How many employees does SqueezeBits have?

As of Aug 31, 2026, the latest employee count at SqueezeBits is 21.

Is SqueezeBits a funded company?

SqueezeBits is a funded company, having raised a total of $1.87M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2022.

When was the latest funding round of SqueezeBits?

SqueezeBits' latest funding was a $***** Seed round on Jan 23, 2024, with participation from 4 investors.

Where does SqueezeBits rank among its competitors?

SqueezeBits ranks 34th amongst 245 active competitors, of which 49 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Together AI, which secured $800M in Jul, 2026.

Who are the top competitors of SqueezeBits?

SqueezeBits' top competitors include CoreWeave, Tuya and Together AI. Among them, Together AI secured the most recent funding round in July, 2026.

SqueezeBits - 2026 Company Profile, Team, Funding & Competitors

SqueezeBits is an acquired company based in Seoul (South Korea), founded in 2022. It operates as a Developer of AI compression toolkit simplifying application of advanced compression techniques. SqueezeBits has raised $1.87M in funding from investors like NAVER D2 Startup Factory, Samsung NEXT and Kakao Ventures. The company has 245 active competitors, including 49 funded and 14 that have exited. Its top competitors include companies like CoreWeave, Tuya and Together AI.

Company Details

Developer of AI compression toolkit simplifying application of advanced compression techniques. The company provides tools for optimizing deep learning models using model compression techniques. It offers solutions for reducing the size of neural networks, improving computational efficiency. The company’s toolkit simplifies applying advanced AI compression to pre-existing machine learning models.

Website: squeezebits.com
Email ID: *****@squeezebits.com
Phone Number: +82 **********

Key Metrics

Founded Year

2022

Location

Seoul, South Korea

Stage

Acquired

Total Funding

$1.87M in 2 rounds

Latest Funding Round

Seed, Jan 23, 2024, $*****

Investors

NAVER D2 Startup Factory & 5 more

Ranked

34^th among 245 active competitors

Employee Count

21 as on Aug 31, 2026

Similar Companies

CoreWeave & 250 more

Exit Details

Acquired by Rebellions (Jun 30, 2026)

View SqueezeBits' full profile

SqueezeBits got acquired by Rebellions on Jun 30, 2026.

Click here to take a look at SqueezeBits's acquisition in detail

SqueezeBits has raised a total funding of $1.87M over 2 rounds. Its first funding round was on Mar 2022. Its latest funding round was a Seed round on Jan 23, 2024 for $*****. 4 investors participated in its latest round. SqueezeBits has 6 institutional investors.

Here is the list of recent funding rounds of SqueezeBits:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2024	3453674	Seed	1222869	8370691	7287919	6212618
Mar 2022	5275998	Seed	2073257	4082058	POSTECH Holdings & 1 more	8175360

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View details of SqueezeBits's funding rounds and investors

SqueezeBits' employee count trend

SqueezeBits has 21 employees as of Aug 26. Here is SqueezeBits's employee count trend over the years:

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Top competitors of SqueezeBits include CoreWeave, Tuya and Together AI. Here is the list of Top 10 competitors of SqueezeBits, ranked by Tracxn score:

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	Magnetar, Fidelity Investments & 37 others	75/100
2nd	Tuya 2014, Santa Clara (United States), Public	Provider of AI cloud platform services for smart product development	$200M	New Enterprise Associates, Future Fund & 11 others	74/100
3rd	Together AI 2022, San Francisco (United States), Series C	Provider of a platform for developing, fine-tuning, and deploying AI models	$1.33B	Salesforce Ventures, Kleiner Perkins & 31 others	73/100
4th	Theta Token 2016, Cupertino (United States), Series A	Decentralized video delivery platform	$9.26M	The Venture Reality Fund, GFR Fund & 36 others	70/100
5th	FluidStack 2017, New York City (United States), Series A	Provider of managed high performance computing clusters for artificial intelligence	$1.88B	Situational Awareness, Mercuri & 10 others	70/100
6th	Aethir 2021, Singapore (Singapore), Seed	Network of distributed cloud infrastructure providing enterprise grade GPU compute	$9M	Framework Ventures, HashKey Capital & 19 others	68/100
7th	exaBITS 2021, San Mateo (United States), Seed	Decentralized GPU computing infrastructure for AI workloads	$20M	Portal ventures, Outlier Ventures & 16 others	67/100
8th	Neysa 2023, Mumbai (India), Series B	Provider of AI acceleration cloud system with infrastructure and services	$650M	Z47, Nexus Venture Partners & 16 others	66/100
9th	Crusoe 2018, Denver (United States), Series E	Operator of cloud platform providing infrastructure for artificial intelligence workloads	$2.77B	Founders Fund, Valor Equity Partners & 71 others	66/100
10th	E2E Networks 2009, Delhi (India), Public	Provider of cloud infrastructure for artificial intelligence and machine learning	$487K	Blume Venture, Larsen Toubro & 7 others	66/100
34th	SqueezeBits 2022, Seoul (South Korea), Acquired	Developer of AI compression toolkit simplifying application of advanced compression techniques	$1.87M	Samsung NEXT, NAVER D2 Startup Factory & 4 others	48/100