AI startup ClustroAI completes $12 million Series A funding

ClustroAI, a AI infrastructure startup supported by NVIDIA, has completed a $12 million Series A financing round, led by Forum Ventures, with a total funding of $15 million.

This round of funding will be used to advance decentralized AI technology development, enabling businesses to run AI directly on local and edge devices, reducing reliance on cloud services, improving data privacy and cost efficiency. In addition, the funds will also be used to expand ClustroAI's edge AI solutions, including distributed AI computing architecture and improvements in AI operations and hardware compatibility.