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GPU Marketplace Ornn Raises $33 Million in Seed Funding Led by a16z Crypto on June 25

2026-06-25 01:55:53

According to Bloomberg, Ornn, a GPU computing marketplace founded in 2025 by two MIT graduates, raised $33 million in seed funding on June 25, led by a16z Crypto. Galaxy Ventures, Nordstar, and SV Angel co-invested, with Vine Ventures, Crucible Capital, Link Ventures, and Box Group as follow-on investors. The company plans to use the capital for hiring and expansion, including launching a GPU capacity trading platform that enables data centers, mid-market cloud providers, and other users to buy and sell computing power like commodities, offering flexible short-term commitments to serve more small and medium-sized enterprises.

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