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Spheron Network, Decentralized AI compute, Receive Undisclosed Strategic Funding Round

Writer's picture: Jean DJean D

February 27, 2025

Spheron Network

Spheron Network has announced the completion of a strategic funding round backed by Tykhe Block Ventures, HASH CIB, and Arcanum Ventures. The funding will support the expansion of its decentralized AI compute infrastructure, which facilitates access to distributed GPU and CPU resources. The company also recognized the contributions of previous investors, including Alpha Wave, Nexus Venture Partners, Protocol Labs, Consensys Mesh, Paradigm Shift VC, Zee Prime Capital, and Filecoin.

With a network now comprising 766,000 CPUs, 10,300 GPUs, and 35,000 Mac chips, Spheron has recorded over $24 million in compute power contributions. More than 30,000 active providers participate in its network, enabling greater access to decentralized AI computing resources. As demand for AI-driven applications grows, Spheron continues to increase its computing capacity and expand its programmable infrastructure.

About Spheron Network

Spheron Network is a decentralized computing platform offering scalable and censorship-resistant AI infrastructure. It provides access to distributed computing power, allowing developers to deploy AI models and process large-scale workloads efficiently. The network aggregates GPUs and CPUs from independent providers, contributing to a decentralized ecosystem for AI applications.

Website: https://www.spheron.network/ X: @SpheronFDN

About Investors

Tykhe Block Ventures Tykhe Block Ventures invests in blockchain and Web3 startups, with a focus on decentralized infrastructure and financial applications.

Location: Cheyenne, Wyoming Website: https://tykheblock.ventures/

HASH CIB

HASH CIB is a crypto-focused investment bank providing capital and advisory services to blockchain projects.

Location: Grand Cayman, Cayman Islands

Arcanum Ventures  Arcanum Ventures supports early-stage companies developing Web3, AI, and decentralized computing solutions.

Location: Panama City, Panama


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