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GMI Cloud Scoops Up $67M

2024-10-29
SANTA CLARA, CA, GMI Cloud, a leading AI-native GPU cloud provider, has announced today that it has raised $15 million in equity funding and $67 in debt financing in a Series A round.
The Series A round was led by Headline Asia, bringing the company's total capital to over $93 million. The round includes strategic investments from Banpu Next (BANPU.BK), a leading smart energy solutions provider in the Asia-Pacific region, and Wistron Corporation (3231.TW), a global leading technology service provider. The funding will be used to open a new U.S. data center in Colorado and reinforces the Silicon Valley-based company's position as a premier vertically integrated cloud provider. GMI Cloud is creating the foundation for an AI-driven future and is strategically positioned to provide advanced scalability and comprehensive solutions for ML deployments all over the world.

GMI Cloud is a venture-backed digital infrastructure company with the mission of empowering anyone to deploy AI effortlessly and simplifying how businesses build, deploy, and scale AI through integrated hardware and software solutions.
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