PE Fund Investments

AI cloud startup Neysa raises $30-M from existing investors

Business Standard  

Serial entrepreneur Sharad Sanghi founded, Mumbai-headquartered artificial intelligence (AI) acceleration cloud system provider Neysa has raised USD 30 million in Series A funding. The round was co-led by existing investors NTTVC, Z47 (formerly Matrix Partners India) and Nexus Venture Partners. This investment builds on Neysa’s USD 20 million seed round earlier this year.The company’s flagship platform, Neysa Velocis, was launched in July 2024. It enables on-demand access to high-performance computing infrastructure.

In Mar 2024, Neysa had raised about USD 20 M from Anchorage Capital Partners, Blume Ventures, Nexus Venture Partners and Z47.

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