Tech Company Financing Transactions
Gensyn Funding Round
On 6/12/2023, Gensyn announced $43 million in Series A financing from a16z crypto, Canonical Crypto and CoinFund.
Transaction Overview
Company Name
Announced On
6/12/2023
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series A
Investors
Proceeds Purpose
The company offers a blockchain-based protocol that connects buyers and sellers of compute power, offering a cryptographic verification system to provide proof that the machine learning work sent has been completed correctly.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
London, Undisclosed
United Kingdom
London, Undisclosed
United Kingdom
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Gensyn is the hyperscale, cost-efficient compute protocol for the world's deep learning models
Management Team
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