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Aethir Secures USD $150 Million Valuation in Pre-A Funding Round to Expand its Decentralised Cloud Infrastructure

Aethir, a pioneer in Decentralized Cloud Infrastructure (DCI), today announced the completion of its Pre-A funding round, bringing the total value raised to date to over USD$9 million and the company valuation to USD$150 million.Ā 

The round was led by leading global investors, including Sanctor Capital, Hashkey, Merit Circle, and CitizenX with further support from Mirana Ventures, Animoca Brands, Momentum6, Big Brain Holdings, Builder Capital, Tess Ventures, Maelstrom (Arthur Hayes), and many more.Ā Ā 

Aethir was established in Singapore in 2021 by cloud industry veterans to build what theyā€™ve coined Scalable Decentralized Cloud Infrastructure.

Already serving a growing customer base, including high-profile enterprises, AI companies, and gaming studios, the investment enables Aethir to expedite its global expansion in key markets like Southeast Asia, Latin America, and North America, as well as to bolster its innovative Decentralized Cloud Infrastructure.Ā 

ā€œThe cloud sector has traditionally been a challenging industry to scale, plagued by high costs, particularly for customers requiring complex real-time rendering or streaming infrastructure – and thatā€™s not taking into account the additional stress on the ecosystem as a result of the AI boom,ā€ said Mark Rydon, Aethir Co-Founder and CEO. ā€œAt Aethir, weā€™re laser-focused on solving the cloud scalability challenge. Weā€™ve built a global DCI network specifically to scale complex cloud infrastructure services globally; a significant milestone for the future of the gaming and AI industry. The cost and performance advantages of our DCI are significant, and when coupled with our ability to operate in developed and developing markets alike, weā€™re unlocking a huge amount of potential value for our customers.ā€ Ā 

Aethir has shown consistent growth under Rydon’s stewardship, creating a scalable and secureĀ Decentralized Physical Infrastructure Network (DePIN) service that caters to the rigorous demands of enterprise-grade gaming and AI applications.Ā 

The completion of this successful funding round follows a previous Seed round led by Framework Ventures and Infinity Ventures Crypto, underscoring the demand for Aethirā€™s solutions and demonstrating investorsā€™ conviction in its potential to revolutionize the gaming and AI industry through its Decentralized Cloud Infrastructure.Ā Ā 

Arthur Hayes, CIO of Maelstrom
“We’re backing projects that are using the blockchain to solve real-world issues. Aethir is meaningfully expanding the addressable market for gaming and other streaming content in the world’s highest-growth (but hardware-constrained) markets. Everybody wins as Aethir expands – gamers, publishers, and globally distributed rendering node operators alike.”

Han Kao, CEO of Sanctor Capital
“For the metaverse to become a populated, engaging, virtual universe, the underlying infrastructure needs to support efficient, low-cost computation. Aethir is part of this next-generation infrastructure stack that unlocks the gaming and social communication possibilities we have been waiting for.ā€

DSA Editorial

The regionā€™s leading specialist IT news publication focused on Data Lifecycle, Storage Infrastructure and Data-Driven Transformation. DSA has nearly 17,000 e-news subscribers, over 6500 unique visitors per day, over 20,000 social media followers and a reputation for deep domain knowledge.

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