# Gensyn

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

- Industry: Software
- Headquarters: London, UK
- Website: www.gensyn.ai
- Total disclosed funding: $49M
- Latest round: Series A (Jun 12, 2023)
- Investors on record: 17

## About

Founded by CEO Harry Grieve, and based in London, UK, Gensyn provides hyper-scale compute protocol for the world's deep learning models. In March 2022, Gensyn Limited raised GBP 4.92 million in seed funding led by EdenBlock, with participation from CoinFund Management, Galaxy Digital, Hypersphere Ventures, Maven 11 Capital, and Zee Prime Capital. 

The company develops data nodes to train models using decentralized machine learning nodes. The Gensyn Protocol is a layer-1 trustless protocol for deep learning computation that directly and immediately rewards supply-side participants for pledging the compute time to the network and performing ML tasks. 

The company plans to use the seed funding to launch its decentralized computer network for training AI models.

## Funding rounds

- Series A, Jun 12, 2023, $43M — Andreessen Horowitz, Peer Venture Partners, M31 Capital, Protocol Labs, Inc., Id4 Ventures, Maven11 Capital, Eden Block, Zee Prime Capital, CoinFund Management, Canonical Crypto
- Seed, Mar 14, 2022, $6.6M — Peer Venture Partners, Counterview Capital, Entrepreneur First, 7percent Ventures, Galaxy Asset Management, Maven11 Capital, Eden Block, Hypersphere Ventures, Zee Prime Capital, CoinFund Management, Matias Ventures, Jsquare
- Seed, Nov 1, 2020 — 7percent Ventures

## Investors

- 7percent Ventures (https://capitalatlas.ai/funds/7percent-ventures) — Seed
- Peer Venture Partners (https://capitalatlas.ai/funds/peer-venture-partners) — Seed, Series A
- Counterview Capital (https://capitalatlas.ai/funds/counterview-capital) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed, Series A
- Eden Block (https://capitalatlas.ai/funds/eden-block) — Seed, Series A
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- Zee Prime Capital (https://capitalatlas.ai/funds/zee-prime-capital) — Seed, Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed, Series A
- Matias Ventures (https://capitalatlas.ai/funds/matias-ventures) — Seed
- Jsquare (https://capitalatlas.ai/funds/jsquare) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- M31 Capital (https://capitalatlas.ai/funds/m31-capital) — Series A
- Protocol Labs, Inc. — Series A
- Id4 Ventures (https://capitalatlas.ai/funds/id4-ventures) — Series A
- Canonical Crypto (https://capitalatlas.ai/funds/canonical-crypto) — Series A