According to The Block, distributed cloud computing company Prodia has raised $15 million in a seed round led by Dragonfly Capital. Other investors include HashKey Capital, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, and individual investors such as Polygon founders Sandeep Nailwal and Balaji Srinivasan.
Prodia is committed to building a distributed GPU network to provide more efficient and low-cost cloud computing services by using web3 infrastructure. The company plans to use the funds to expand its business, add support for generating videos and large language models (LLMs), and expand its GPU hardware variety. Prodia co-founder Mikhail Avady said that Prodia's services allow customers to easily integrate AI into any application without having to understand GPU knowledge, which makes it stand out from traditional cloud services such as AWS.
