£33.8M
The Series A round was led by a16z crypto with participation from a broad group of venture firms to expand the team and accelerate product rollout.
"We believe in computational liberty,"
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Gensyn—London, UKa16z crypto + 9 others
M1
Maven 11
Venture CapitalPortfolio
2
companies
Portfolio companies
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Gensyn
Gensyn builds a decentralised compute protocol for artificial intelligence systems.
Q
Qredo
Decentralized digital asset management infrastructure for institutional crypto trading.
Recent investments
£4.8M
Eden Block led the seed round to support the development of a trustless compute network for deep learning.
"Deep learning has revolutionised diverse areas from facial recognition to spy plane radar operation. The core concepts emerged in the ‘50s, but the last decade has seen real world application grow sharply – and this will only increase. With this scale comes existential questions about our work, life, and identity. This, along with ballooning demand for hardware – and fat margins – is why the usual names like AWS and Azure have fought to command such high market share. The result is a market which is more expensive and places control of who-gets-what in the hands of centralised entities. We’ve spoken to a number of companies with staggering cloud compute bills who struggle to purchase outright the hardware that they need; so we designed a better way – superior on price, with unlimited scalability, and no gatekeepers."
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Gensyn—London, UKEden Block + 5 others
£7.9M
The seed round was led by a diverse group including G1, Gumi Cryptos, Maven 11, Spartan Group, 1kx, and Kenetic.
"The next generation of DeFi players will be institutions that actively look for ways to enter the crypto market in a secure and compliant manner without sacrificing their ability to respond to economic opportunities, "