Prodia Raises $15M in Seed Funding

by

Prodia, Atlanta, GA

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

Overview

  • Founders: Monty Anderson, Mikhail Avady, and Shawn Wilkinson
  • Location: Atlanta, GA
  • Focus: Distributed GPU cloud designed specifically for AI inference
  • Benefits:
  • Reduces costs by 50% – 90%
  • Accelerates generation speeds
  • Provides a REST API for effortless integration

Funding Details

  • Amount Raised: $15 million
  • Lead Investor: Dragonfly Capital
  • Other Investors:
  • 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

Use of Funds

Prodia plans to utilize the funds to:

  • Accelerate the next phase of its growth
  • Expand into generative video
  • Support more large language models (LLMs)
  • Grow its network to support a wider variety of GPU hardware and providers

Prodia’s innovative approach to AI inference through its distributed GPU cloud aims to provide cost-effective and efficient solutions, helping to drive advancements in AI technology and expand its applications.

Related News