Aethir, a Singapore-based Decentralized Cloud Infrastructure (DCI) company, raised an undisclosed amount in Pre-A funding, at USD$150M valuation.
The round, which brought the total value raised to date to over USD$9m, was led by Sanctor Capital, Hashkey, Merit Circle, and CitizenX with participation from Mirana Ventures, Animoca Brands, Momentum6, Big Brain Holdings, Builder Capital, Tess Ventures, Maelstrom (Arthur Hayes) and many more. This funding round follows a previous Seed round led by Framework Ventures and Infinity Ventures Crypto.
The company intends to use the funds to expedite its global expansion in key markets like South East Asia, Latin America, and North America, as well as to bolster its innovative Decentralized Cloud Infrastructure.
Led by Mark Rydon, CEO, Aethir builds scalable, decentralized cloud infrastructure (DCI). Their network helps gaming and AI companies – big or small – put their product directly in the hands of consumers, regardless of where they live or the hardware they own. The company, which has a team of 68 employees, already serves a customer base including high-profile enterprises, AI companies and gaming studios.
FinSMEs
27/07/2023