# Prime Intellect

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prime-intellect

- Industry: Software
- Headquarters: Dover, US
- Website: www.primeintellect.ai/
- Total disclosed funding: $88M
- Latest round: Series A (Jun 3, 2026)
- Investors on record: 9

## About

Based in Delaware, US, and founded in 2023 by co-founders Johannes Hagemann and Vincent Weisser (CEO), PrimeIntellect, Inc. operates as a provider of a decentralized AI platform that provides infrastructure for model development to global researchers. In June 2026, Prime Intellect, Inc. raised  USD 130 million Series-A funding led by Radical Ventures, with participation from investors Nventures, Intel Capital, Dell Technologies Capital, and ICONIQ Capital. The company provides a decentralized AI platform that offers training for advanced models through distributed training. The platform services include prime compute for compute, ready-to-use containers for deployment, and decentralized training for advancing AI research. Moreover, the firm offers solutions such as collectively advancing AI models through intelligence initiatives. Additionally, the firm also provides services such as fast compute grants to help with research. Following its USD 130 million Series-A funding, Prime Intellect, Inc. plans to scale every layer of its open-superintelligence stack. Its official announcement identifies larger compute clusters, larger reinforcement-learning runs, and expanded infrastructure for agentic training, inference and continual learning. The company also plans to address long-horizon agents, recursive language models, automated AI research and science, and models that continuously improve in production, while serving a growing base of enterprises, AI startups and research teams.

## Funding rounds

- Series A, Jun 3, 2026, $82M — Intel Capital, ICONIQ Capital, Radical Ventures, Dell Technologies Capital, Nventures
- Seed, Apr 23, 2024, $5.5M — Distributed Global, Collab+Currency Management, CoinFund Management, Compound

## Investors

- Distributed Global — Seed
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- Compound (https://capitalatlas.ai/funds/compound) — Seed
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series A
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Series A
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series A
- Nventures — Series A
