Tech Company Financing Transactions

Hyperbolic Funding Round

On 7/30/2024, Hyperbolic raised $7 million in Seed funding from Faction, Polychain Capital and Bankless Ventures.

Transaction Overview

Company Name
Announced On
7/30/2024
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
Phone
Undisclosed
Email Address
Overview
Our initiative is driven by the belief that AI should be an openly shared asset. However, simply open sourcing AI models is insufficient. The predominance of large data centers controlling GPU resources presents a significant obstacle, creating a barrier to AI accessibility. In order to let all people have truly unfettered access to AI, we not only need open-source models but also open access to computing resources.
Profile
Hyperbolic LinkedIn Company Profile
Social Media
Hyperbolic Company Twitter Account
Company News
Hyperbolic News
Facebook
Hyperbolic on Facebook
YouTube
Hyperbolic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jasper Zhang
  Jasper Zhang LinkedIn Profile  Jasper Zhang Twitter Account  Jasper Zhang News  Jasper Zhang on Facebook
Chief Marketing Officer
Joelly Gloria
  Joelly Gloria LinkedIn Profile  Joelly Gloria Twitter Account  Joelly Gloria News  Joelly Gloria on Facebook
Chief Operating Officer
Jeremy Hazan
  Jeremy Hazan LinkedIn Profile  Jeremy Hazan Twitter Account  Jeremy Hazan News  Jeremy Hazan on Facebook
Chief Technical Officer
Yuchen Jin
  Yuchen Jin LinkedIn Profile  Yuchen Jin Twitter Account  Yuchen Jin News  Yuchen Jin on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to document funding rounds that are announced publicly. VC investment data records on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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