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NuNet

NuNet

Private
BrusselsAI, Data & Cloud Infrastructurehttps://www.nunet.io/

Last Round

Grant

Dec 1, 2022

Est. Valuation

$30.6M

Total Funding Raised

$3.14M

Company Overview

NuNet is a technology company that provides a decentralized computing orchestration protocol for sharing and monetizing computing resources across distributed infrastructure.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, Blockchain Infrastructure, Edge Computing

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting, Marketplace Commission

AI Layer

Infrastructure

Keywords

decentralized computingdecentralized physical infrastructure networksDePINcompute marketplacedistributed cloudedge computingworkload orchestrationdistributed GPUdecentralized AIutility tokenheterogeneous computingcloud infrastructurepeer-to-peer networkAI training infrastructureweb3 infrastructure

Historical Pricing

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Caplight Momentum Score

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NuNet Comparables

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NuNet comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Fluence
87%
Flux
86%
Golem Network
84%

NuNet Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantDec 1, 2022
GrantFeb 21, 2022
Initial Coin OfferingNov 26, 2021
Initial Coin OfferingNov 17, 2021
SeedNov 1, 2021
Private Placement
Oct 26, 2021

Key People

Founding team and executive leadership

Kabir Veitas

Co-Founder, CEO&CTO

Founding Team

Ilija Radeljić

Chief Operating Officer

Executive Team

Pravar Joshi

Chief Product Officer

Executive Team

NuNet Investors

Notable investors and investment history

NuNet investors
InvestorRounds
SMO CapitalPrivate Placement
AU21 CapitalPrivate Placement
Magnus CapitalPrivate Placement
Moonrock CapitalPrivate Placement
AlphabitPrivate Placement
OccamDAOInitial Coin Offering

Market signals

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  • Aug 16, 2023

    Grew 35% QoQ, from 20 to 27 employees.

  • Nov 17, 2021

    $2M raised in ICO round

NuNet Filings

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Firmographic Details

HeadquartersBrussels
Employee Range29
Year Founded2019
Last FundingDec 1, 2022

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