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Hyperbolic Secures $12M to Advance Decentralized AI Infrastructure

Hyperbolic said it will use the funds to grow its engineering and go-to-market teams and scale its decentralized AI platform globally.

Hyperbolic, a startup focused on decentralized AI computing and inference services, announced on Tuesday it raised $12 million in a Series A funding round led by Variant and Polychain Capital. 

The round drew participation from a wide array of investors, including Lightspeed Faction, Bankless Ventures, and Wintermute Ventures. Angel investors included Sreeram Kannan of EigenLayer and Alex Atallah of OpenRouter.

Hyperbolic Secures $12M to Advance Decentralized AI Infrastructure

Hyperbolic said it will use the funds to grow its engineering and go-to-market teams and scale its decentralized AI platform globally.

Hyperbolic, a startup focused on decentralized AI computing and inference services, announced on Tuesday it raised $12 million in a Series A funding round led by Variant and Polychain Capital. 

The round drew participation from a wide array of investors, including Lightspeed Faction, Bankless Ventures, and Wintermute Ventures. Angel investors included Sreeram Kannan of EigenLayer and Alex Atallah of OpenRouter.
https://decrypt.co/295480/hyperbolic-secures-12m-to-advance-decentralized-ai-infrastructure