Gensyn

Gensyn builds a decentralised compute protocol for artificial intelligence systems.

London, UK—Founded 2020

£38.6MTotal raised

Gensyn develops a decentralised compute protocol designed to let developers build artificial intelligence systems on connected hardware. The technology uses cryptographic verification to remove intermediaries from machine learning workloads.

Founders

Harry Grieve

Co-founder

Ben Fielding

Co-founder

Investors

Series A12 June 2023
£33.8M
ac
a16z cryptoLead
C
CoinFund
PL
Protocol Labs
CC
Canonical Crypto
EB
Eden BlockFollow-on
M1
Maven 11Follow-on
P
Peer
ZP
Zee PrimeFollow-on
I
Id4
MC
M31 Capital
Seed22 March 2022
£4.8M
EB
Eden BlockLead
GD
Galaxy Digital
M1
Maven 11
C
Coinfund
H
Hypersphere
ZP
Zee Prime

Funding history

Series A12 June 2023

£33.8M

Gensyn raises £33.8m in Series A funding led by a16z crypto to accelerate protocol launch

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.

Seed22 March 2022

£4.8M

Gensyn secures £4.8m seed investment led by Eden Block to launch its decentralised compute network.

Eden Block led the seed round to support the development of a trustless compute network for deep learning.