Tech Company Financing Transactions

Applied Compute Funding Round

Applied Compute closed a $350 million funding round on 11/2/2026. Investors included Elad Gil, Abstract Ventures and Blackstone.

Transaction Overview

Company Name
Announced On
11/2/2026
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Undisclosed
Proceeds Purpose
Applied Compute plans to use the $350 million funding to expand its computing capacity, increase its workforce, and accelerate enterprise deployments. The company is developing an AI infrastructure platform that enables businesses to train, deploy, run, and continuously improve customised AI models using their own data. The investment will support the expansion of its training and inference infrastructure and help it serve more enterprise customers.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
251 Rhode Island Street 204
San Francisco, CA 94103
USA
Phone
Undisclosed
Email Address
Overview
Applied Compute is an AI infrastructure company that helps enterprises build, train, deploy and continuously improve custom AI models using their proprietary data and business knowledge. Its platform, AC2 (Applied Compute Agent Cloud), provides model training, inference, evaluation and continuous improvement capabilities. The company also provides AI research and engineering expertise to help businesses develop specialized AI agents and enterprise AI systems.
Profile
Applied Compute LinkedIn Company Profile
Social Media
Applied Compute Company Twitter Account
Company News
Applied Compute News
Facebook
Applied Compute on Facebook
YouTube
Applied Compute on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yash Patil
  Yash Patil LinkedIn Profile  Yash Patil Twitter Account  Yash Patil News  Yash Patil on Facebook
Chief Technical Officer
Rhythm Garg
  Rhythm Garg LinkedIn Profile  Rhythm Garg Twitter Account  Rhythm Garg News  Rhythm Garg on Facebook
Co-Founder
Linden Li
  Linden Li LinkedIn Profile  Linden Li Twitter Account  Linden Li News  Linden Li on Facebook


 

 

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Where The Data Comes From

Our team works diligently to document funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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