Cast AI raises $108M to get the most out of AI, Kubernetes, and other workloads

Here’s a summary of the relevant details about Cast AI:

Startup Details

• Startup Name: Cast AI
• Founders:
  • Yuri Frayman (CEO)
  • Leon Kuperman
  • Laurent Gil
• Founded: 2019
• Headquarters: Miami, Florida; significant presence in Europe (Lithuania, Poland, Romania, Bulgaria)

Fundraising Details

• Series: Series C
• Amount Raised: $108 million
• Post-Money Valuation: Approximately $900 million
• Date of Funding Round: (Not specified, but recent based on context)

Previous Fundraising

• Last Round: $35 million
• Date of Last Round: November 2023
• Valuation at Last Round: $300 million
• Total Raised Prior to Series C: Over $86 million

Investors

• Lead Investors:
  • G2 Venture Partners
  • SoftBank Vision Fund 2
• Participating Investors:
  • Aglaé Ventures
  • Hedosophia
  • Cota Capital
  • Vintage Investment Partners
  • Creandum
  • Uncorrelated Ventures

Partnerships and Clients

• Noteworthy Clients:
  • Akamai
  • BMW
  • FICO
  • Hugging Face
  • NielsenIQ
  • Swisscom

Additional Context

• Focus on optimizing workloads for AI and other tasks through automation.
• Claims only 10% of CPUs and 23% of memory are utilized on average, highlighting the need for better resource allocation.
• Involvement in the AI infrastructure project with OpenAI and other major tech entities.

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2025-04-30 12:02:50