TechFlow reported, according to The Block, that distributed cloud computing company Prodia has raised $15 million in a seed round led by Dragonfly Capital. Other participating investors include HashKey Capital, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, as well as individual investors such as Sandeep Nailwal, co-founder of Polygon, and Balaji Srinivasan.
Prodia is dedicated to building a decentralized GPU network that delivers more efficient and cost-effective cloud computing services through web3 infrastructure. The company plans to use the funds to expand its operations, enhance support for video generation and large language models (LLMs), and diversify its range of GPU hardware. Mikhail Avady, co-founder of Prodia, said Prodia’s service allows customers to easily integrate AI into any application without needing GPU expertise, differentiating it from traditional cloud providers like AWS.
