GPUNet

GPUNet

Platform offering advanced compute infrastructure to accelerate AI, 3D and Web3 industry adoption

Founded

2022

Headquarters

Delhi (India)

Status

Series A

Company Details

Website

Socials

Email

Phone

N/A

GPUNet is a pioneering decentralized cloud computing platform. The company is transforming the global computational landscape by aggregating and democratizing access to high-performance GPU resources for AI, 3D, Web3, scientific research and high-end graphics rendering. GPUNet’s mission is to break the monopoly of hyperscale cloud providers and make affordable, scalable GPU compute accessible to enterprises, developers and individuals worldwide.

Core Products & Services

  • Decentralized GPU Marketplace: Aggregates GPU capacity from independent data centers, crypto miners and individuals, enabling on-demand rental or trading of GPU compute.

  • Planetary Grid: A global network of thousands of GPUs, including top-tier hardware like Nvidia H100s and RTX 4090s, available for AI training, 3D rendering, scientific simulations and more.

  • Barrel of Agentic Compute: Tradable NFT units representing $500 worth of GPU compute, which can be upgraded into validator or subnet nodes for higher rewards.

  • Blockchain Integration: Secure, transparent and efficient compute allocation and payments via the GAN Chain blockchain.

  • Enterprise Solutions: Large cluster bookings, custom deployments and advanced data/network management for enterprises and research institutions.

  • Strategic Partnerships: Collaborations with major data centers (e.g., Northern Data, NTT Data, G42) and tech providers (e.g., AMD, Nvidia).

Unique Value Proposition

  • Cost Advantage: Offers GPU compute at up to 75% lower cost than AWS/GCP, with H100s available for less than $2/hour.

  • Decentralization: Anyone can contribute idle GPU resources, increasing global utilization and reducing waste.

  • Tradable Compute Assets: Compute is tokenized as NFTs, enabling flexible trading, staking and upgrades within the ecosystem.

  • Scalability & Flexibility: Thousands of GPUs available on demand, with dynamic scaling and global reach.

  • Eco-Friendly & Efficient: Hybrid consensus and efficient resource utilization minimize energy waste.

Business Model & Revenue Streams

  • Compute Rental Fees: Users pay per hour for on-demand GPU access, with transparent pricing based on hardware type and availability .

  • NFT/Token Sales: Barrels of Agentic Compute are sold as NFTs, which can be traded, staked, or upgraded for higher network participation and rewards.

  • Enterprise & Cluster Bookings: Large-scale, custom deployments for enterprises, research labs and Web3 projects generate significant B2B revenue.

  • Marketplace Commissions: GPUNet takes a fee from every transaction on its decentralized marketplace, whether for compute rental or NFT trading.

  • Node Participation Rewards: Validators and node operators earn platform rewards, redeemable for $GPU tokens, incentivizing network growth and security.

Customer Segmentation

  • B2B: Enterprises in AI, 3D graphics, scientific research, Web3 and blockchain sectors needing affordable, scalable compute.

  • B2C: Developers, AI startups, designers and individuals requiring GPU resources for projects or experimentation.

  • Node Providers: Data centers, crypto miners and individuals contributing idle GPU capacity to the network.

Growth Strategy

  • Global Expansion: Scaling the planetary grid to 2,000+ node providers and 1,000+ machines worldwide.

  • Product Innovation: Launching new features (e.g., GAN Chain, .GPU domain), enhancing NFT utility and integrating with more blockchain ecosystems.

  • Strategic Partnerships: Deepening collaborations with data centers, hardware vendors (AMD, Nvidia) and Web3 platforms.

  • Community Building: Incentivizing early adopters, node operators and developers through token rewards and airdrops.

  • Ecosystem Integration: Enabling seamless use of compute NFTs across AI, DeFi and metaverse applications.

Key People

Suraj Chawla

Key Metrics

Total Equity Funding

$6 Million

No. of Funding Rounds

3

Latest Funding Round

$5.25 Million, Series A

as of April 11, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Momentum 6

and 2 more

Employee Count

27

Similar Companies

Neysa

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
April 11, 2024Series A$5.25 Million--- Black Dragon Capital, Zephyrus Capital, AZA Ventures, Fusion 7 VC
August 29, 2023Seed$500 K-$1.3 K- Momentum 6, AlphablockZ

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