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Tuesday, October 28, 2025

Grid AI: Raises $18.6M in Series A Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Grid AI, a NYC-based company that enables companies of all sizes to train state-of-the-art AI models on hundreds of cloud GPUs and TPUs, raised $18.6m in Series A funding
  • The round was led by Index Ventures with participation from Bain Capital Ventures and Firstminute
  • The company also intends to use the funds to build its core technologies and grow its New York-based team
  • Lightning gives AI researchers, data scientists and machine learning engineers the flexibility to iterate on research ideas faster
  • It also used by 400+ organizations, ranging from small startups to Fortune 500 companies and many top academic and AI research labs
  • As a platform for training models, Grid extends the power of PyTorch Lightning and makes it possible for any company to have access to state-of-the-art AI services
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