Odaily Planet Daily report: AI chip trading platform and software startup Hyperbolic has announced the completion of a $30 million Series A-1 financing round, led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst, Vista Equity Partners, and Cambium Capital. Hyperbolic’s total funding to date amounts to $50 million. (Business Insider)
Hyperbolic Completes $30M A-1 Round Led by Walden Catalyst
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Summary
Hyperbolic, an AI chip trading market and software startup, has secured a $30 million Series A-1 round led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst, Vista Equity Partners, and Cambium Capital. The investor fear and greed index appears to be shifting toward optimism, as the company’s total funding now reaches $50 million. Rising trading volumes in the AI and crypto sectors continue to attract significant institutional backing.
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