io.net: Funding, Investors & Team (Aug 2026)
Io.net Cloud provides a decentralized computing network enabling machine learning engineers to access distributed clusters at a small fraction of the cost of comparable centralized services. The company's mission is to put together one million GPUs in a DePIN - decentralized physical infrastructure network.
io.net has raised $30.0M across 1 funding round on record, the most recent an undisclosed round of $30.0M announced in Mar 2024.
That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
io.net Company Profile and Key Stats
Latest funding round on record: Mar 2024.
io.net Funding Rounds
io.net Founders and Leadership Team
Contact details for the io.net team: 1 of 1 has an email address on file.
Start 14-day free trial →io.net Funding Compared to Other Hardware Startups
io.net's latest round of $30.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like io.net in Hardware and New York
Companies Similar to io.net
Relativity Networks is the leading supplier of Hollow Core Fiber technology, which greatly enhances the speed…
Oxide Computer Company produces server racks designed for on-site computer systems. Employing advanced…
Aligned Data Centers is a prominent technology infrastructure firm that provides cutting-edge and flexible…
LeapXpert enables enterprises to embrace consumer messaging applications and integrate them into their…
Prime Data Centers offers purpose-built data center development with unique customer partnership options and…
Now in its fourth year, #GivingTuesday is a global day of giving fueled by the power of social media and…
Duos Technologies provides intelligent video surveillance software featuring video analytics, as well as…
Memory Store is a platform that offers a shared memory storage space for office teams and workforce.
Agni's objective is to transform computing by delivering breakthrough memory solutions with unparalleled…
Hydra Host is a tool that provides cross-cloud capabilities to deploy and host apps across public cloud and…
PointFive enables continuous cloud cost efficiency through our proprietary DeepWaste™ technology, designed to…
Duos Edge AI delivers adaptive edge data center solutions for digital infrastructure and connectivity across…
io.net Funding FAQs
What does io.net do?
Io.net Cloud provides a decentralized computing network enabling machine learning engineers to access distributed clusters at a small fraction of the cost of comparable centralized services. The company's mission is to put together one million GPUs in a DePIN - decentralized physical infrastructure network.
How much funding has io.net raised?
io.net has raised $30.0M across 1 round on record. The most recent is an undisclosed round of $30.0M announced in Mar 2024.
When did io.net last raise funding?
io.net's most recent funding round on record is an undisclosed round of $30.0M, announced in Mar 2024.
Who founded io.net?
FundedIQ lists Ahmad Shadid (Founder) at io.net.
Where is io.net headquartered?
io.net is based in New York, United States.
How many employees does io.net have?
io.net is in the 11-50 employee band.
How does io.net's funding compare to other Hardware startups?
io.net's latest round of $30.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.
About FundedIQ's io.net Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for io.net is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.