# Substrate Labs

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

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.substrate.run/
- Total disclosed funding: $7.8M
- Latest round: Seed (Dec 8, 2023)
- Investors on record: 3

## About

Established in 2023 by Rob Cheung (CEO) and Ben Guo, Rob Cheungand based in New York, US, Substrate Labs Inc. operates as an Artificial Intelligence infrastructure software for multi-model programming systems. In June 2024, Substrate Labs Inc. raised USD 8 million in seed funding led by investor Lightspeed Venture Partners, with the participation of other investors South Park Commons, and Craft Ventures.

Substrate Labs offers a modular API for building and executing multi-step AI programs. The API integrates optimized models, colocated file and vector storage, a code interpreter, and logical control flow to enhance parallelism, throughput, and data locality. The platform streamlines the execution of multi-inference workloads, reducing unnecessary roundtrips and optimizing program flow. The platform supports open-source machine learning models, providing a unified system for efficient, reliable, and affordable AI program execution.

The company intends to use the June 2024 funding to increase the market for its inference products and give all software programmers access to cutting-edge AI capabilities.

## Funding rounds

- Seed, Dec 8, 2023, $7.8M — Lightspeed Venture Partners, Craft Ventures, South Park Commons

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed
- South Park Commons (https://capitalatlas.ai/funds/south-park-commons) — Seed