# Aethir

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aethir

- Industry: IT Infrastructure
- Headquarters: Singapore
- Website: www.aethir.com
- Latest round: Seed (Jan 1, 2022)
- Investors on record: 2

## About

Founded in 2021 and based in Singapore, Aethir operates as an information technology company that offers decentralized physical infrastructure network services to the artificial intelligence and gaming sectors. The company was founded by its CEO, Mark Rydon. In July 2023, Aethir raised an undisclosed amount of pre-series A funding co-led by Big Brain Holdings, Builder Capital, Momentum 6, and Tess Ventures. The pre-series A funding valued Aethir at USD 150 million post-money.

Aethir provides and develops a decentralized cloud infrastructure (DCI), which is a cloud computing platform that distributes computing resources and data across various decentralized nodes and is primarily used by AI and gaming companies. The firm’s decentralized physical infrastructure network (DePIN) platform helps the company’s partners access the decentralized infrastructure network. The company uses blockchain to resolve cloud infrastructure issues.

The company plans to use the funds raised in July 2023 to facilitate its expansion in major markets like Southeast Asia, Latin America, and North America and to boost its innovative decentralized cloud infrastructure.

## Funding rounds

- Seed, Jan 1, 2022 — Framework Ventures, Infinity Ventures Crypto

## Investors

- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Infinity Ventures Crypto (https://capitalatlas.ai/funds/infinity-ventures-crypto) — Seed