Fundraising FoxTheta Labs
Cupertino, US · Founded 2017 · Delaware corporation · 5 known investors
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Theta Labs offers on-demand GPU infrastructure that routes AI, media, and entertainment workloads across a network of 30,000+ edge nodes and enterprise cloud providers. It serves universities and enterprises with compute for AI training, inference, and fine-tuning, and also lets hardware owners contribute spare GPU capacity to earn rewards.
Founders & leadership
Theta Labs was founded in 2017 by Mitchell Liu.
Board
Investors · 5
How we know: the VCSheet dataset · Not right? Tell us
How we know: samsungnext.com · Not right? Tell us
How we know: Sierra Ventures's portfolio page · Not right? Tell us
How we know: Sony Ventures Corporation's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$37.4M disclosed across 2 rounds · 2017
▶$29.1MraisedJan 2018 · 31 investors · Other TechnologyRule 506(c)
- Rizwan VirkDirector
- Dovey WanDirector
- Mitchell LiuExecutive Officer, Director
- Offering amount
- $29.1M
- Amount sold
- $29.1M
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06c
▶$8.3MraisedDec 2017 · 34 investors · Other TechnologyRule 506(b)
- Mitchell LiuExecutive Officer, Director
- Dovey WanDirector
- Rizwan VirkDirector
- Offering amount
- $8.3M
- Amount sold
- $8.3M
- First sale
- Sep 2017
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Theta Labs do?
- Theta Labs offers on-demand GPU infrastructure that routes AI, media, and entertainment workloads across a network of 30,000+ edge nodes and enterprise cloud providers. It serves universities and enterprises with compute for AI training, inference, and fine-tuning, and also lets hardware owners contribute spare GPU capacity to earn rewards.
- Who founded Theta Labs?
- Theta Labs was founded by Mitchell Liu in 2017.
- Who are Theta Labs's investors?
- Theta Labs's investors include Advancit Capital, Samsung Next, Sierra Ventures, Sony Ventures Corporation, The Venture Reality Fund.
- How much funding has Theta Labs raised?
- Theta Labs has disclosed $37.4M raised across 2 rounds.
- Where is Theta Labs headquartered?
- Theta Labs is headquartered in Cupertino, US.