HomeBinance SquareProdia Raises $15M in Seed Funding

Prodia Raises $15M in Seed Funding

-

Prodia

Prodia, an Atlanta, GA-based provider of a distributed network of GPUs for AI inference solutions, raised $15M in Seed funding.

The round was led by Dragonfly Capital. Other investors included HashKey, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, Sandeep Nailwal (founder of Polygon), Matthew Roszak, Jeremy Voss (Director of Gen AI at Meta), Amit Vasudev(founder of Clearbit), Thomas France founder of Ledger, Leon Marshall (CEO of Galaxy Europe), Nicolas Pinto, Kenzi Wang, Jermaine Brown and others.

The company intends to use the funds to accelerate the next phase of its growth, including expansion into generative video and support for more LLMs. and growth of its network to support more types of GPU hardware and more types of providers.

Founded by Monty Anderson, Mikhail Avady, and Shawn Wilkinson, Prodia provides a distributed GPU cloud specifically designed for AI inference. Delivering cloud services, it reduces costs by 50% – 90% and accelerates generation speeds, all while providing a Rest API for effortless integration.

FinSMEs

02/07/2024

THE DAILY NEWSLETTER - SIGNUP