Top High Performance Computing startups
There are 56 High Performance Computing startups which include Altair, Netweb, Penguin Computing, Qarnot, SGI. Out of these, 23 startups are funded, with 15 having secured Series A+ funding. United States has the most number of companies in High Performance Computing (26), followed by India
(3), and then South Korea (2).
Notably, several of these startups have been founded by alumni of IIT Bombay, Stanford University and University of California (Los Angeles).
Here is the list of top High Performance Computing Startups
1. Altair
Provider of enterprise software for simulation, data analytics, AI, and HPC. Delivers cloud-accessible platforms that converge modeling, simulation, high-performance computing, and analytics to support digital engineering and product development. Offers a unified cloud gateway for accessing design tools, AI workflows, and scalable compute resources. Includes dedicated platforms for low- and no-code data analytics, AI model development, and AI-assisted design and simulation across industries.
Key facts about Altair
- Founded Year: 1985
- Location: Troy (United States)
- Stage: Acquired
- Total Funding till date: $35.1M
- Investors: General Atlantic, Shefa Capital and 3 Others
- Latest Funding Round: Post IPO, Jul 11, 2023, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 3 of 1,790 Competitors
2. Netweb
Manufacturer of data center servers, AI systems, and storage solutions. The company develops high-performance computing systems tailored to customer specifications, utilizing a cluster management suite. It provides private cloud and hyperconverged infrastructure, integrating compute, storage, and network capabilities. The company also offers high throughput and high IOPs storage solutions for enterprise computation users. Its AI systems and workstations support machine learning, deep learning, and parallel compute applications.
Key facts about Netweb
- Founded Year: 1996
- Location: Faridabad (India)
- Stage: Public
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 15 of 437 Competitors
Penguin Computing provides integrated Enterprise and High-Performance Computing (HPC) solutions along with Penguin Computing on Demand (POD), which is a public HPC cloud. Cluster solutions are driven by Scyld ClusterWare, whose architecture makes large pools of Linux servers appear and act like a single, consistent, virtual system, with a single point of command/control. It has acquired Beowolf clustering company in July 2003.
Key facts about Penguin Computing
- Founded Year: 1998
- Location: Fremont (United States)
- Stage: Acquired
- Total Funding till date: $19.4M
- Investors: Convergence Partners, San Francisco Equity Partners and 6 Others
- Latest Funding Round: Conventional Debt, Jun 11, 2018, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 21 of 504 Competitors
4. Qarnot
Provider of Cloud-based radiator-computer that produces free and eco-friendly heat sourced from IT processors. Through dispatching software, the company offers performant and secure cloud computing services. QRad - provides energy-efficient green heating for buildings in every room by installing sensors.
Key facts about Qarnot
- Founded Year: 2010
- Location: Montrouge (France)
- Stage: Acquired
- Total Funding till date: $24.7M
- Investors: A/O PropTech, Demeter and 14 Others
- Latest Funding Round: Series C, Apr 12, 2025, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 56 of 6,591 Competitors
5. SGI
SGI offers server, storage, and software products for high performance compute applications. Its servers use shared memory systems for compute and data-intensive workloads. It also offers an integrated software environment from deskside to supercomputer. The company's services also include consulting, file management. The company operates in predominantly Visual Reality, Green Computing, Digital Content Management, and manufacturing Design. The company was founded as Rackable Systems and rebranded itself as SGI in March 2009.
Key facts about SGI
- Founded Year: 1980
- Location: Fremont (United States)
- Stage: Acquired
- Investors: InterWest Partners, New Enterprise Associates and 4 Others
- Latest Funding Round: Conventional Debt, Jan 28, 2015, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 8 of 171 Competitors
