Prodia, a leading distributed network of GPUs for AI inference solutions, today announced it raised a $15 million seed round led by Dragonfly Capital to build more scalable, affordable AI solutions powered by Web3. Investment firms HashKey, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, Sandeep Nailwal (founder of Polygon), Matthew Roszak, Jeremy Voss (Director of Gen AI at Meta), Amit Vasudev (founder of Clearbit), Thomas France founder of Ledger, Leon Marshall (CEO of Galaxy Europe), Nicolas Pinto, Kenzi Wang, Jermaine Brown, and more
The demand for high-performance computing is surpassing the ability of centralized infrastructure to provide affordable and scalable solutions. Prodia addresses this issue through its use of distributed Web3 infrastructure.
By utilizing a distributed network of GPUs, Prodia is uniquely positioned to offer both higher performance and lower costs compared to traditional cloud services. And this approach not only taps into the unused computing power across the globe but democratizes access to state-of-the-art AI technologies.
This architectural choice is not merely optimal — it is essential since it provides the structural foundation that makes Prodia’s high-performance and low-cost AI inference solutions possible. This transformative approach marks a significant departure from conventional methods, positioning Prodia at the forefront of the next wave of AI infrastructure development.
Prodia was launched by Monty Anderson, Mikhail Avady, and Shawn Wilkinson – who was previously the founder of the world’s largest decentralized cloud storage company, Storj.
With a goal of making AI more accessible, they built the most efficient compute engine in the world for AI via their distributed cloud. With a simple API, developers can integrate the latest models into their apps within hours.
The new funding will drive the next phase of the company’s growth, including expansion into generative video and support for more LLMs. And the funding will be used to help with expanding the Prodia network to support more types of GPU hardware and more types of providers.
Prodia also recently launched their new low latency API for enterprise customers, reaching the best in class inference speeds.
KEY QUOTES:
“Every single software company will have a generative AI component to their app in some form.”
- Shawn Wilkinson, CEO of Prodia
“We have made it so easy to add AI into any application that our customers don’t even need to know what a GPU is. This is what sets us apart and why the top AI generation companies choose Prodia over the nightmare of fighting for machines on AWS or self hosting.”
- Mikhail Avady, co-founder of Prodia
“We believe Prodia sits at the vanguard of the generative AI transformation. Their API has bleeding-edge inference capabilities and we are thrilled to see their progress in making high-performance inference available for all.”
- Anirudh Pai, Partner at Dragonfly
“Using tech like JWTs, gossip protocols, and connection pooling, we’ve built the fastest inference orchestration tool. It acts as a distributed system to deliver high efficiency and availability with minimal latency.”
- Monty Anderson, co-founder of Prodia
