AI server broker Hydra Host completes $100 million financing, with participation from Nvidia and others
According to The Information, data center software startup and AI server broker Hydra Host has completed a new round of financing of $100 million, with a valuation of approximately $800 million. This round was led by Kindred Ventures, with participation from NVIDIA, ARK Invest under Cathie Wood, early CoreWeave investor Magnetar, and existing shareholders Founders Fund and Flume Ventures.
Hydra Host was founded in 2021, initially serving cryptocurrency miners, and has now transformed into a data center operator providing automation software, as well as undertaking AI server trading matchmaking business. NVIDIA's direct involvement further highlights its strategic intent to build an ecological landscape in the AI computing power market.
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