Tech Company Financing Transactions
Hyperbolic Funding Round
Hyperbolic closed a $30 million funding round on 10/27/2026. Investors included Walden Catalyst, Cambium Capital Partners and Dell Technologies Capital.
Transaction Overview
Company Name
Announced On
10/27/2026
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to advance Forge, its unified control plane, expand its multi-cloud orchestration solutions and value-added services, and develop the first Global Compute Grid.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Our initiative is driven by the belief that AI should be an openly shared asset. However, simply open sourcing AI models is insufficient. The predominance of large data centers controlling GPU resources presents a significant obstacle, creating a barrier to AI accessibility. In order to let all people have truly unfettered access to AI, we not only need open-source models but also open access to computing resources.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jasper Zhang
Chief Marketing Officer
Joelly Gloria
Chief Operating Officer
Jeremy Hazan
Chief Technical Officer
Yuchen Jin
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We do our best to document funding rounds that are announced publicly. VC investment data records on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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