io.net
The Open Source AI Infrastructure Platform
New York, United States · Founded 2022 · $40.0M raised
- Headquarters
- New York
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2B
- Website
- io.net
- Total Funding
- $40.0M
- Last Round
- $30.0M Series AMar 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
io.net is a decentralized GPU compute network that aggregates GPUs from data centers, crypto miners, and independent hardware providers into a single cloud, giving AI teams on-demand access to more than 30,000 GPUs — including H100s and A100s — at up to 70% lower cost than AWS with no waitlists. Built on the Solana blockchain for instant, smart-contract-automated payments, io.net has scaled to over 320,000 GPUs across 138 countries, serving AI startups that need affordable, elastic compute.
Summary
io.net is an Artificial Intelligence company based in New York, United States, founded in 2022. It has raised $40.0M in total across 2 rounds, most recently a $30.0M Series A round in Mar 2024. Investors include Hack VC, Multicoin Capital and 6th Man Ventures.
Tech & App Stack
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Funding History
Mar 2024
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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