# Hyperbolic Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperbolic-labs

- Industry: Software
- Headquarters: Irvine, US
- Website: www.hyperbolic.xyz
- Total disclosed funding: $19M
- Latest round: Seed (Dec 10, 2024)
- Investors on record: 11

## About

Based in California, US, and founded in 2022, Hyperbolic Labs, Inc. operates as a software company that offers AI inference services. The company was founded by its CEO, Jasper (Yue) Zhang, and CTO Yuchen Jin. In December 2024, Hyperbolic Labs, Inc. raised USD 11.52 million in Series A funding co-led by Polychain Capital, Variant, Bankless Ventures, Faction VC, and Wintermute Ventures. The seed funding values Hyperbolic Labs, Inc. at USD 157.75 million post-money.

Hyperbolic Labs provides scalable GPU resources and AI inference services through its open access AI cloud. The company’s platform provides AI inference services, scalable GPU access, and a GPU marketplace for renting and supplying GPUs. The firm utilizes heterogeneous compute, optimizing performance across various GPU types, and their Proof of Sampling (PoSP) protocol enhances security and verifiability. Its services support running AI models like Llama 3.1, Cambrian, MeloTTS, and Stable Diffusion.

The company plans to utilize the funding raised in December 2024 to develop its artificial intelligence-based decentralized system and expand its reach.

## Funding rounds

- Seed, Dec 10, 2024, $12M — Polychain Capital, Variant, Faction, Wintermute Ventures, Bankless Ventures
- Seed, Jul 24, 2024, $7M — Polychain Capital, Chapter One, LongHash Ventures, CoinSummer, Faction, Nomad Capital, Bankless Ventures, Republic, Third Earth Capital

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Seed
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed
- CoinSummer — Seed
- Faction (https://capitalatlas.ai/funds/faction) — Seed
- Nomad Capital — Seed
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Seed
- Republic — Seed
- Third Earth Capital (https://capitalatlas.ai/funds/third-earth-capital) — Seed
- Variant (https://capitalatlas.ai/funds/variant) — Seed
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Seed