Foundry Raises $80 Million in Seed and Series A

Funding Rounds

Summary

PALO ALTO, CA, Foundry, a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding. Foundry, a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding to orchestrate the worlds compute capacity, rendering it universally accessible and useful. The round was co-led by Sequoia Capital and Lightspeed Venture Partners, with participation from Redpoint, Microsoft Ventures (M12), Conviction, NEA, and other leading technical and commercial minds from the industry. Foundry is building to ensure humanity maximizes the utility of the computing power we already have, and will produce. (c) by Massinvestor, Inc. For contact info, please check out our about page.

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Amount $80.0M Total raised
Date March 22, 2024 Announcement date
Investors - Lead investors
Company - Funded company

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