According to BlockBeats, on July 4, The Block reported that Compute Labs, a GPU tokenization protocol based on Solana, completed a $3 million Pre-Seed round of financing with a valuation of $30 million. This round of financing was led by Protocol Labs, the development company behind Filecoin, and participated by Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures (formerly Polygon Ventures). Angel investors include Sandeep Nailwal of Polygon and Austin Federa of the Solana Foundation.
Compute Labs is also currently raising a seed round at a "significantly higher" valuation, said Albert Z, founder and CEO of Compute Labs.
