Tech Company Financing Transactions
ThirdAI Funding Round
ThirdAI, based in Houston, secured $6 million from Cervin Ventures, Firebolt Ventures and NeoTribe Ventures.
Transaction Overview
Company Name
Announced On
8/16/2021
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Cervin Ventures (Lead Investor)
Firebolt Ventures (Lead Investor)
NeoTribe Ventures (Lead Investor) (Swaroop Kolluri)
Proceeds Purpose
The seed funding will be used to hire additional employees and invest in computing resources.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Houston, TX 77005
USA
Houston, TX 77005
USA
Phone
Undisclosed
Website
Email Address
Overview
ThirdAI (pronunciation: /TH?rd i/ Third eye) is a cutting-edge Artificial intelligence startup carving scalable and sustainable AI. ThirdAI accelerator builds hash-based processing algorithms for training and inference with neural networks. The technology is a result of 10 years of innovation in finding efficient (beyond tensor) mathematics for deep learning.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anshumali Shrivastava
Chief Technical Officer
Tharun Medini
VP - Marketing
Pallavi Srivastava
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