# Exabits

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

- Industry: Hardware
- Headquarters: San Mateo, US
- Website: www.exabits.ai
- Total disclosed funding: $15M
- Latest round: Seed (Dec 10, 2024)
- Investors on record: 1

## About

Founded in 2020 and based in California, US, Exabits provides GPU (graphics processing unit) solutions integrated with cryptocurrency, enabling individuals and organisations to earn rewards. In December 2024, Exabits raised USD 15 million in seed funding led by investor Hack VC.

Exabits offers a platform to tokenise GPU power, facilitating participation in the AI compute economy. By transforming GPU resources into tradable assets, Exabits enables users to earn rewards and generate revenue based on their contributions to the network. The network, consisting of over 65,000 GPUs, enables scalable computational power for AI workloads. These nodes are hosted in tier-3 and tier-4 data centres globally. Additionally, the subnets provide users with a gateway to participate in the decentralised compute ecosystem, catering to a diverse clientele that includes developers, AI researchers, and enterprises across various sectors. The company integrates advanced hardware, including NVIDIA DGX B200 and NVIDIA H200, to ensure optimal performance for AI applications. In addition, Exabits' infrastructure spans numerous global markets, including North America, Europe, and Asia.

The company will use the December 2024 funding to expand its market and integrate additional cryptocurrency into the platform.

## Funding rounds

- Seed, Dec 10, 2024, $15M — Hack VC

## Investors

- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed